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Home.forex news reportFX Watch: AUD/JPY and AUD/NZD’s Trend Continuation Setups if Australia’s CPI Is...

FX Watch: AUD/JPY and AUD/NZD’s Trend Continuation Setups if Australia’s CPI Is Sticky High

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Expectations for sticky, elevated Australian inflation have traders looking for bullish Australian dollar setups.

Our Event Guide for Australia’s November CPI Report suggests this week’s data could push Reserve Bank of Australia members closer to talking about rate hikes.

If the November CPI remains hot as expected, setups like AUD/JPY and AUD/NZD may provide legit trading opportunities.

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