investingLive·47 event signal
AUDUSD ping-pongs between moving averages. What would break the stalemate?
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The AUDUSD got a lift in Asian trading as Australia’s inflation data and hawkish comments from RBA Governor Michele Bullock gave buyers a reason to push higher. September headline inflation rose to 4.3% from 4.0%, while Bullock warned that inflation was likely to run above the RBA’s August forecasts. The combination kept the prospect of another rate hike firmly in play.
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Source: FreeNewsAPIRead at investingLive
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