Australia's monthly CPI declined to 3.5% yoy from the prior 3.8% in July, above the forecast of 3.4% yoy. CPI excluding volatile items and holiday travel eased to 3.7% from 4% yoy. This excludes Automotive fuel, fruit, and vegetables. The annual trimmed inflation was 3.8% in Jul, down from 4.1%.
Major resistance- 0.6875
Near-term resistance - 0.6825
Minor support- 0.67480,0.6720
Trend reversal level- 0.6650


Oil Prices Fall as Iran Peace Talks Progress, Hormuz Reopens, and U.S. SPR Hits 1983 Low
Dollar Holds Firm as U.S.-Iran Talks Ease Tensions, GBP/USD Slips Amid UK Political Uncertainty
Japan Keeps Markets Guessing as Yen Nears 40-Year Low, Raising Intervention Risks
Gold Falls Below $4,000 as Strong Dollar and Fed Rate Hike Expectations Weigh on Prices
South Korea Remains MSCI Emerging Market Despite Reform Progress
Yen Near 40-Year Low as USD/JPY Approaches Key 162 Level, Raising Intervention Concerns
Oil Prices Drop as Strait of Hormuz Shipping Recovers
China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery
U.S.-Iran Diplomacy Helps Drive Gasoline Prices Down 15% From May Highs
Wall Street Slides as AI Stocks Tumble Following South Korea Tech Sell-Off
Gold Prices Mixed as Stronger Dollar Offsets Safe-Haven Demand Amid U.S.-Iran Peace Talks
Singapore Inflation Stays Muted in May as Core CPI Misses Forecasts Ahead of MAS Review
Japan Manufacturing Growth Accelerates in June as Orders Surge Despite Iran War Cost Pressures
Asian Stocks Slide as AI Rally Pauses, South Korean Chipmakers Lead Regional Decline
US Dollar Hits One-Year High as Hawkish Fed Outlook Overshadows Middle East Developments
Malaysia Central Bank Moves to Support Ringgit Amid Foreign Fund Outflows
Trump Requests $11 Billion More in Farm Aid as Rising Costs Pressure U.S. Farmers 



