We see CBA peaking just before the 11:30 ABS CPI Release. Interestingly the AUD immediately sold off a lot faster and harder than this bank (not looked at others), whose rate of decline later accelerated to close near low of day, right to last print of the session.. I guess the Forex Traders are smarter than the rest..... (I'm sure they are).
CBA - 10 minute interval. The ABS Release was 11:30 am (as always).
