Today will be another blank day in terms of data releases as we will only get low level data points. The main event today was the RBA rate decision.
The central bank kept the cash rate unchanged as expected but eased its language again as it approaches the start of its easing cycle. Thursday's Australian labor market report will be important for the AUD.
The focus remains on the US CPI data due tomorrow. Another hot report is likely to weigh on the sentiment, and soft readings should see risk across the board with the US Dollar likely to be offered strongly.
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