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The AUD jumped following higher-than-expected inflation figures. This is a nail in the coffin for the Reserve Bank of Australia’s 2024 rate cuts
This article was written by Eamonn Sheridan at www.forexlive.com.
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Australian CPI in the first quarter +1.0% q/q (expected 0.8%) 3.6% y/y (expected 3.4%)
