Australian Dollar breaks 0.69 as hot US CPI raises 50-bp Fed hike risk

The Aussie Dollar registers a 0.88% loss against the US Dollar on Tuesday, as a hot US inflation report has cemented the case for a rate hike by the Federal Reserve (Fed) at the December meeting, following hawkish remarks by Governor Christopher Waller. The AUD/USD trades below 0.6900.

Forex Pulse Detector

You May Also Like