Record-Low Core CPI to Hamper Australian Dollar Recovery


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A slowdown in the core rate of inflation may drag on the Australian dollar as it puts increased pressure on the RBA to further support the real economy.

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Daily Briefings

US
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The DXY Index is holding between 100.25 and 102.05 as US 2-year, 10-year yields start to edge higher again.
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EURO
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The British Pound fell amid worries about a looming UK Supreme Court decision on Parliament’s role in triggering Brexit. It may fall further.
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ASIA
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After spending much of Q4 showing considerable strength, both Sterling and the U.S. Dollar are in the process of consolidation with each market driving down to fresh lows. Will near-term support level...Continue Reading

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