Source: Action Forex News Agency
4 weeks ago•
Forex Medium Importance
AUD/USD Stalls at Resistance as RBA Minutes Leave Real Test to Tomorrow's CPI

AUD/USD Stalls at Resistance as RBA Minutes Leave Real Test to Tomorrow's CPI

TL;DR: AUD/USD barely moved on RBA minutes that confirmed, but didn't change, the existing hawkish-hold debate — the real signal was the Board's openness to pre-emptive tightening based on monthly data alone, which keeps a September hike live even without the Q3 quarterly CPI, making Wednesday's July print the more consequential test.
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Source: Action Forex
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