Import Price Index +5.8% q/q
-
expected +1.4% , prior +5.4%
Export Price Index +3.5% q/q
-
expected -2.6%, prior +6.2%
-
a solid beat for export prices, higher instead of the lower expected
The Australian dollar was sold on the FOMC statement & Powell’s presser, and has inched back towards its overnight lows in Asia morning trade. Domestic data such as the ToT not really imapcitng:
This article was originally published by Forexlive.com. Read the original article here.