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AUD/USD fell following Fed Governor Waller’s hawkish comments on interest rates.
Inflation in Australia remained stable at an annual rate of 3.4% as traders priced in the impact of the Reserve Bank of Australia’s monetary policy.
Upcoming Australian housing credit and retail sales data will help provide further clarity on Australia’s domestic economic conditions.
AUD/USD ended little changed on Wednesday following Australia’s inflation report and no US economic data. However, Federal Reserve Governor Christopher Waller’s hawkish remarks sent AUD/USD down in Asia, to 0.6524, a decrease of 0.14%.
