AUD/USD rose to highest since February 2023 after stronger than expected inflation data

Forex Short News

This is just a quick update, I’ll be back with more to come on this separately.

Data here:

The other readings mainly also stronger than expected.

Reserve Bank of Australia meet February 2 and 3.

A 25bp rate hike now the baseline expected.

This article was written by Eamonn Sheridan at investinglive.com.