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Market Analysis: Unexpected Interest Rate Hike In Australia Strengthens AUD
According to Reuters, market participants were waiting for a pause in a series of interest rate hikes, as the data showed a slowdown in inflation. However, the Reserve Bank of Australia on Tuesday raised the rate by 25 basis points."Inflation in Australia has passed its peak, but at...
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Posted: May 2 2023, 08:04
Author Name: fxopen
Views: 111860