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Australian dollar marked lower with the CPI data coming in well under what was expected
The headline monthly rate for May came in well under consensus and should take an Reserve Bank of Australia rate hike off the table at the July 4 meeting next week. Australian monthly CPI (May) 5.6% y/y (vs. expected 6.1%)Australian dollar down sharply: This article was written by Eamonn Sheridan at www.forexlive.com...
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Posted: Jun 28 2023, 01:36
Author Name: forexlive
Views: 111998