Breaking: Aussie data dump crashes AUD/USD

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Breaking: Aussie data dump crashes AUD/USD
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Breaking: Aussie data dump crashes AUD/USD – by FXstreetNews Breaking AUDUSD

, is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchasing power of AUD is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. A high reading is seen as positive for the AUD, while a low reading is seen as negative .

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