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January 8, 2025

AUD/USD Maintains Ground Despite Soft CPI Reports

Australia’s inflation report indicated a softer than expected consumer price index, with the trimmed mean falling to 3.2% year-on-year from 3.5%. Despite this, the AUD/USD currency pair remains resilient, showing stability amid these economic signals. The RBA’s target inflation range continues to be a point of focus for traders. Understanding these fluctuations will be vital for market participants as they navigate potential shifts in the monetary policy landscape.

Keep up with the latest economic trends at entreprenerdly.com.

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