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Aussie Dollar loses grip on 0.70 rally as Fed, RBA inflation tests lurk

FXStreetUnited States of America

Aussie Dollar loses grip on 0.70 rally as Fed, RBA inflation tests lurk

The Australian Dollar drifted lower on Monday, down over 0.26%, as market mood was positive, as reflected by Wall Street ending in the green, while a potential de-escalation of the US-Iran conflict pushed energy prices lower.

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