Australian Dollar Surges on RBA Confidence and Higher Inflation Growth
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#c0f71ab7 ver:0.89

The Australian Dollar (AUD) surged as higher-than-expected inflation growth and RBA confidence dampened rate cut expectations. The AUD/USD pair found support at the 50-day EMA and may continue to rise. Factors influencing the AUD include interest rates, Iron Ore prices, Chinese economy, inflation, growth rate, and Trade Balance. RBA Governor dismissed rate cut considerations. Technical analysis suggests AUD/USD may rise to 0.6744. #AustralianDollar #inflation #RBA #interestrates #tradebalance...

#newstr #AustralianDollar #MonthlyConsumerInflation #ReserveBankOfAustralia #UsDollar #ConsumerSentiment #TechnicalAnalysis 

 https://here.news/story/c0f71ab7?ver=0.89