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FXOct 5, 2026

Australian consumer sentiment slumps after RBA hike as Westpac tips another in November

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<p dir="ltr">Westpac's call for a November follow-up hike, despite the sentiment slump, signals that inflation risk still outweighs demand weakness for the RBA. That keeps support under Australian short-end yields and should limit downside for the Australian dollar on soft domestic data. Fuel is the key transmission channel, so further gains in crude prices would sharpen both the inflation pressur

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