Australian Dollar Strengthens on US Inflation Reduction and RBA Rate Hike Expectations
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#c0f71ab7 ver:0.9

The Australian Dollar (AUD) strengthens against the US Dollar (USD) as US inflation reduces and expectations of a rate hike from the Reserve Bank of Australia (RBA) increase. The RBA delays rate cuts, making it one of the last G10 central banks to do so. The AUD's strength is also supported by hot Consumer Price Index (CPI) data. Technical analysis suggests AUD/USD may continue to rise. #AUD #USD #inflation #RBA #ratehike...

#newstr #AustralianDollar #UsDollar #Inflation #PolicyDivergence #ReserveBankOfAustralia #FederalReserve #InterestRates #ConsumerPriceIndex #PersonalConsumptionExpenditures #TechnicalAnalysis #IronOre #ChineseEconomy #TradeBalance 

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