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Australian Dollar holds above 0.7050 as hot CPI boosts RBA hike bets

finance$RBA

The AUD/USD drifts higher by 0.40% on Wednesday after the Federal Reserve held rates unchanged, while Fed Chair Kevin Warsh hinted that "officials had made clear our readiness to act as circumstances require, and we have shown our willingness to act.โ€ The AUD/USD trades at 0.7053.

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Source: FreeNewsAPIRead at FXStreet

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