The Australian Dollar (AUD) tracked the Euro lower but the selling was mild as the market awaits key inflation data before determining whether the Australian Central Bank will raise rates this year. AUD/JPY was stable above the key Y80 level. Overall the AUD/USD traded with a low of 0.9812 and a high of 0.9929 before closing the US session at 0.9850. UPDATE Q3 CPI WEAKER THAN EXPECTED 0.7% Q/Q vs. 0.9% FORECAST.
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