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AUD/USD Price Outlook: Australian Dollar Braces for Inflation Data – DailyFX

AUD/USD price action looks ripe for volatility during Wednesday’s trading session with potential for the upcoming release of high-impact Australian inflation data…

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AUD/USD PRICE OUTLOOK: AUSTRALIAN DOLLAR EYES 3Q INFLATION REPORT DUE FOR RELEASE

  • AUD/USD price action attempts to advance but struggles to maintain a bid more broadly
  • Australian Dollar looks to high-impact inflation data as a potential catalyst for volatility
  • The pro-risk Aussie could be undermined if market sentiment deteriorates further

AUD/USD edged modestly higher on Tuesday, but the major currency pair trades roughly flat on the week, and Australian Dollar performance is mixed more broadly….

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