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Cliff Notes: Necessary Relief - Action Forex
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Cliff Notes: Necessary Relief - Action Forex
In Australia, the Westpac-MI Consumer Sentiment index posted a slight increase of 0.5% in June. At 92.6, the headline index remains well above the deep lows over 2022-24, but still some way below the neutral threshold of 100, consistent with a degree of ‘cautious pessimism’. Offshore developments are still weighing on consumer’s minds, with 77% of respondents recalling news on the topic as ‘unfavourable’. While the lower-inflation environment ha…
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