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AUD/USD Price Analysis: Soft US Inflation Takes Toll on Dollar
The dollar exhibited weakness due to unforeseen softness in US inflation data. The US consumer price index experienced a slight uptick of only 0.1% last month. The People’s Bank of China reduced a short-term lending rate, marking the first decrease in 10 months. Today’s AUD/USD price analysis is bullish. On Wednesday, the dollar exhibited weakness … Continued The post AUD/USD Price Analysis: Soft US Inflation Takes Toll on Dollar appeared first on Forex Crunch...
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Posted: Jun 14 2023, 07:50
Author Name: forexcrunch
Views: 081265