Australia trading group

18/12/2023

18/12/2023

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12/12/2023

CPI Ex Food and Energy, Underlying CPI;
Acro Expand Consumer Price Index (CPI);

FF Notes:

Food and energy prices account for about a quarter of CPI, but they tend to be very volatile and distort the underlying trend. The Federal Open Market Committee usually pays more attention to the Core data - so do traders;
:Why Traders
Care.
Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate;

12/12/2023

CPI target today 1960/1955

12/12/2023

Market starting dropped zone XAUUSD # #

12/12/2023

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