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AUD/USD Price Recovers Above 0.7150 amid Upbeat Q4 CPI

The AUD/USD continues recovering from a five-week low in Asia on stronger Australian inflation data. Despite Australia’s fourth-quarter CPI and RBA trimmed average consumer price index beating expectations, NAB December data was below expectations. With all eyes on Wednesday’s FOMC meeting, consumer confidence will be a bright spot on the calendar. The AUD/USD price rose … Continued
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