AUD/USD towards 0.6220 after encouraging CPI data ...Middle East

Still, though, there is encouragement from the November data, with the core rate having a chunk taken out of it:

Australian November CPI 2.3% y/y (vs. expected 2.2%)Trimmed mean (a measure of core inflation) 3.2% y/y (vs. prior 3.5%)

+14K in the 3 months to November

the first rise in vacancies since May 2022

Australian bond yields and the AUD fell after the CPI data, up

One-minute candles to give you a picture of how AUD responded.

This article was written by Eamonn Sheridan at www.forexlive.com.

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