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AUD Catches Light Bid Ahead Of Aussie CPI

FOREX

The AUD has appreciated ahead of the release of Australian Q3 CPI data, due at the bottom of the hour. Consensus forecast sees inflation slowing to +3.1% Y/Y from +3.8% recorded in Q2, while participants are ready to assess the ramifications of today's print for RBA policy outlook.

  • The yen trades with a marginally negative bias against all of its G10 peers, with U.S. e-mini futures operating in the green.
  • The BoC will deliver their monetary policy today. The global data docket features flash U.S. durable goods orders.

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