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FX Watch: AUD/NZD and AUD/JPY Breakout Plays if Australia’s CPI Fails to Impress

Australia will be printing its quarterly CPI soon, and lackluster results could keep the RBA on track to cut rates soon.

In our Event Guide for Australia’s Q4 2024 CPI Report, we noted that underlying price pressures and the central bank’s core inflation measure could determine the Aussie’s direction after the release.

Here’s what I’m watching on AUD/NZD and AUD/JPY if the inflation figures fall short.

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