Imported headline
AUD/USD and USD/CAD React to Softer US Inflation
Source
Action Forex - https://www.actionforex.com/contributors/technical-analysis/647261-aud-usd-and-usd-cad-react-to-softer-us-inflation/
Summary
Commodity-linked currencies strengthened after US inflation data came in weaker than expected. The Consumer Price Index (CPI) slowed to 3.5% year-on-year in June, below the 3.8% forecast, while core inflation eased to 2.6% versus expectations of 2.8%.
Medium Impact
AUDUSD
AUD
AU