WEEKLY CURRENCY OUTLOOK
• Fairly subdued week for global economic data, with US CPI headlining this week. • The US CPI is expected to fall 0.2% from 3.4% to 3.2%, which is negative for the USD. • We expect the AUDUSD to be bearish this week and range from 0.6500 to 0.6638. • AUDUSD will likely remain heavy