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AUD/USD Rises on Strong Inflation Gauge and Expected RBA Rate Decision

Facebook LinkedIn Australian Dollar Strengthens Amid Inflation Data; RBA’s Expected Hawkish Stance Boosts AUD/USD The Australian Dollar (AUD) gained momentum following the release of the Melbourne Institute’s Inflation Gauge on Monday, signaling potential support for the Reserve Bank of Australia’s (RBA) hawkish outlook. With underlying inflation, highlighted by the trimmed mean, remaining high, the RBA […]