When is Australia inflation data and how could it affect AUD/USD?

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Overview

Australia’s monthly release of the Consumer Price Index (CPI) for July, scheduled for publishing on early Wednesday around 01:30 GMT, appears the crucial data for the AUD/USD pair traders to watch. Also increasing the importance of the time could be the recent hawkish comments from the Reserve Bank of Australia (RBA) Governor-Designate Michelle Bullock.