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Aussie falls on soft inflation data

by Holly

AUD/USD fell 0.2% to 0.6776, falling after softer-than-expected consumer price index data ramped up bets that the Reserve Bank of Australia was unlikely to further increase interest rates.

GBP/USD traded largely unchanged at 1.2898, USD/JPY fell 0.2% to 140.68, ahead of Friday’s Bank of Japan meeting, while USD/CNY rose 0.2% to 7.1513 as optimism over more stimulus measures in China cooled ahead of the Fed decision.

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