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FX Outlook: Possible AUD/CAD and AUD/CHF Reactions to Strong Australian CPI

by bullnews
January 6, 2025
in FX
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FX Outlook: Possible AUD/CAD and AUD/CHF Reactions to Strong Australian CPI
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Market enthusiasts are bracing themselves for the possibility of rising annual inflation figures from Australia this week.

Our November 2024 Australia CPI Event Guide highlights a trend suggesting a minor climb in the headline CPI for November. This development seems to contradict the Reserve Bank of Australia’s recent move towards a less aggressive stance.

Could this result in the Australian dollar strengthening against currencies like the Canadian dollar and the Swiss franc?

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Tags: AUDCADAUDCHFAustralianCPIOutlookReactionsStrong
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