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Australian Dollar strengthens as hot inflation data boosts RBA rate hike bets

FXStreetAustralia

Australian Dollar strengthens as hot inflation data boosts RBA rate hike bets

AUD/JPY extends its gains for the fourth successive day, trading around 111.30 during Asian hours on Wednesday. The currency cross gains support as the Australian Dollar (AUD) receives support following the release of the domestic Consumer Price Index (CPI) report.

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