Inflation in Australia Continues To Decline. AUD/USD Tests Important Support

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2019/05/f-aud107.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2019/05/f-aud107.jpg 612w, https://www.actionforex.com/wp-content/uploads/2019/05/f-aud107-600×400.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Data today from the Australian Bureau of Statistics on Wednesday showed the monthly consumer price index (CPI) rose 4.3% year-on-year in November, the slowest pace since January 2022. Value a month earlier = 4.9%. Market forecasts = 4.4%. This strengthened market expectations that interest rates would not have to rise further. Although the head of […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/fundamental-analysis/534697-inflation-in-australia-continues-to-decline-aud-usd-tests-important-support/">Inflation in Australia Continues To Decline. AUD/USD Tests Important Support</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>