AUD/USD Outlook: Bears Slow after Soaring Australian Inflation

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AUD/USD Outlook: Bears Slow after Soaring Australian Inflation

Bears are taking a breather on Wednesday after a steep fall in past four days, when risk-sensitive Aussie dollar was down 4.3%, pressured by s robust greenback and strong risk aversion. Today's release of Australian inflation data showed consumer prices rose well above expectations in Q1, signaling the RBA may start raising interest rates as […]

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