Wednesday, 29 July 2026
All Session Summaries for this trading day.
Australian CPI data dampened rate hike expectations
The session was headlined by Australian inflation data which largely arrived lower than market forecasts. This led to immediate Aussie dollar weakness as the missed CPI targets reduced the perceived necessity for further interest rate rises.
What materially influenced the market
- Australian CPI Datahigh
Annual inflation fell to 3.8% against a 4.0% forecast, while trimmed mean figures also missed expectations, triggering a repricing of RBA policy.
Trading conditions
directional after data release
- Volatility
- moderate
- Trend quality
- moderate
Affected trading profiles
- EUR/USD · Range trading inside well-defined levels
- GBP/USD · Range trading inside well-defined levels
Practical takeaway
When high-impact data misses forecasts across multiple metrics, the initial momentum often persists throughout the session window.
Retrospective educational summary. Describes what already happened during this session — not a prediction, not a trade signal, and not financial advice.
London Session Summary
No summary available for this session.
New York Session Summary
No summary available for this session.