AUD/USD Price Analysis: Aussie Rallies on Inflation Surge

Inflation in Australia rose at an annual rate of 4.0% in May. The likelihood of an RBA rate hike in November rose to 60%. Markets eagerly await the US PCE price index report on Friday. The AUD/USD price analysis paints a bullish picture, with the Aussie soaring on an unexpected jump in Australia’s inflation. The...


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