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(10/26) DailyFX - Trading News: Australia Consumer Prices

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10-26-2009, 02:56 PM

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(10/26) DailyFX - Trading News: Australia Consumer Prices

Trading the News: Australia Consumer Prices

What's Expected
Time of release: 10/28/2009 00:30 GMT, 20:30 EST
Primary Pair Impact : AUDUSD
Expected: 1.2%
Previous: 1.5%

The Australian dollar is likely to face increased volatility on Wednesday as economists forecast the annual rate of inflation to fall to 1.2% in the third-quarter from 1.5% during the three-months through June, which would be the lowest reading since 1999, and the slump in price growth may drag on the exchange rate as investors weigh the outlook for future policy.

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DailyFX Research Team
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