AUD Falls As Inflation Slows

Australian Dollar declines on lower annual CPI inflation The Australian Dollar has declined following the release of domestic inflation data. The annual CPI inflation fell in April, leading to a decline in the AUD. The AUD/USD pair is trading around 0.7160

Australian Dollar declines on lower annual CPI inflation

The Australian Dollar has declined following the release of domestic inflation data.

The annual CPI inflation fell in April, leading to a decline in the AUD.

The AUD/USD pair is trading around 0.7160 during the Asian hours on Wednesday, extending its gains for the second successive day.

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