AUDUSD Intra-Day Fundamentals - Consumer Price Index and 54 pips price movement

• past data is 0.2%
• forecast data is 0.1%
• actual data is 0.2% according to the latest press release

if actual > forecast (or previous data) = good for currency (for AUD in our case)

[AUD - CPI]  = Change in the price of goods and services purchased by consumers. Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.

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"THE ALL GROUPS CPI

• rose 0.2% in the March quarter 2015, compared with a rise of 0.2% in the December quarter 2014.
• rose 1.3% through the year to the March quarter 2015, compared with a rise of 1.7% through the year to the December quarter 2014.

• The most significant price rises this quarter were for domestic holiday travel and accommodation (+3.5%), tertiary education (+5.7%) and medical and hospital services (+2.2%).
• The most significant offsetting price falls this quarter were for automotive fuel (-12.2%) and fruit (-8.0%)."

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