Australian Dollar depreciates on softer Aussie inflation data, improved US Dollar – FXStreet

share: The Australian dollar fell for a second straight session on weak inflation data from Australia. Australia’s monthly CPI was 3.4% in December, down from 4.3% in November. Traders expect the Reserve Bank of Australia to cut interest rates twice in 2024. China’s non-manufacturing PMI and manufacturing PMI improved to 50.7 and 49.2, […]