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AUDUSD Hits 15-Week High on Surging RBA Rate Hike Bets

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The Story

News Summary

  • The Australian dollar is near a fifteen-week high and headed for its longest winning streak since 2010.
  • Hotter-than-expected inflation and strong retail sales have led markets to price in a near-certain RBA rate hike by November, with a 50% chance as soon as September.
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Stored market data

AUDUSD price history

0.72 +9.09% over the displayed period

Advisor Snapshot

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