This is just a data post, I’ll be back with detail and analysis separately.
Added:
- Case for February 25bp RBA rate hike
- Forecasting an RBA 25bp rate hike on February 3
- Inflation casting vote for February RBA hike
In brief, nearly all the readings are higher than expected. Its increasingly looking like a February 3rd rate hike from the Reserve Bank of Australia.
AUD/USD jumped to its highest since February 2023 above 0.7022.
This article was written by Eamonn Sheridan at investinglive.com.
