AUD rejected at 0.70 as hot US CPI revives Fed hike threat
High US inflation sent US yields higher and revived expectations the Federal Reserve may hike rates late this month, causing AUD/USD to lose 0.17% and close at 0.6971.
Original · FXStreet AI summary of public reporting
Why: Hot CPI boosts Fed hike odds → risk-off pressure
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At publication → CurrentSP5007,703 → 7,695−0.1%