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Australian Dollar finds fresh momentum as inflation surprises ahead of Fed decision

FXStreetAustralia

Australian Dollar finds fresh momentum as inflation surprises ahead of Fed decision

AUD/USD advances on Wednesday, up 0.17% to trade around 0.7035 at the time of writing. The Australian Dollar (AUD) benefits from hotter-than-expected inflation data, which strengthens expectations of another interest rate hike by the Reserve Bank of Australia (RBA).

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