Australian Dollar Appreciates on Higher Monthly Consumer Inflation in May
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#c0f71ab7 ver:0.88
The Australian Dollar appreciated on higher consumer inflation, dampening rate cut expectations. RBA remains vigilant about potential inflation increases. Factors influencing AUD value include interest rates, iron ore prices, Chinese economy, inflation, growth rate, and trade balance. AUD/USD may find support at 0.6616 and resistance at 0.6695. #AustralianDollar #inflation #RBA #interestrates #tradebalance...
#newstr #AustralianDollar #ConsumerInflation #ReserveBankOfAustralia #UsDollar #InterestRates #IronOre #ChineseEconomy #TradeBalance
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