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Flash: What has the calendar in store for AUD? - TD Securities

FXstreet.com (Barcelona) - Tim Davis, Global Strategist, Rates and FX Research at TD Securities notes what the calendar says for AUD this week.

Key Quotes

“The data calendar is thin aside from the marquee Q3 CPI report, released Wed. TD forecast headline +0.6%/qtr and +1.6%/yr (mkt +0.8%/1.8%) and underlying +0.5%/qtr and +2.1%/yr (mkt +0.6%/2.2%/yr)”.

“RBA Dep Gov Phil Lowe speaks in Melbourne at CFA conference on Thu, topic unknown but QnA is scheduled”.

GBP/USD stalled at 1.6140 front

GBP/USD extends parallel price action despite spikes to higher edges ahead of Wall Street’s closing.
Earlier data in the US was mixed with existing home sales (MoM) down to 5.29M vs. prior 5.29M and expected 5.30M. Data releases in the country are estimated to be delayed amid rumors of corruption as facts may not reflect real performance.
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