Aussie Recovers after Brief CPI Triggered; Traders Await FOMC Hike

<p>In today’s Asian trading, Australian Dollar took a brief dip following release of consumer inflation data that indicated more rapid deceleration than predicted. This dampened expectations for an additional rate hike by RBA in early August. Nonetheless, Aussie managed to regain stability promptly, reversing some of the selloff. As Fed’s rate decision looms, market participants […]</p>
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