AUD Rises on Hot CPI Lifting RBA Hike Bets
The AUD/USD pair rose to near 0.7035 as hotter Australian CPI inflation data bolstered expectations of Reserve Bank of Australia rate hikes.
Original · FXStreet AI summary of public reporting
Why: Hot AU CPI lifts RBA hike odds → AUD strength pressures EUR
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At publication → CurrentEUR1.12 → 1.119−0.1%