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AUD/USD rises to two-day high ahead of Aussie CPI – FXStreet

The AUD/USD pair extended its gains following the disappointing US S&P global PMI, suggesting the possibility of Fed easing. The U.S. dollar has weakened as U.S. Treasury yields have fallen and stock markets have reacted positively to a possible change in Fed policy. Upcoming Australian CPI data may influence the Reserve Bank of Australia’s policy […]