United States Consumer Price Index (MoM) in line with expectations (0.5%) in May

United States Consumer Price Index ex Food & Energy (MoM) below forecasts (0.3%) in May: Actual (0.2%)

United States Consumer Price Index ex Food & Energy (MoM) below forecasts (0.3%) in May: Actual (0.2%)
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Australian Dollar: Range-bound outlook near 0.70–0.71 against US Dollar

Rabobank’s Senior FX Strategist Jane Foley highlights that the Australian Dollar (AUD) has fallen from a top G10 performer to the bottom of recent rankings as growth momentum fades and USD strength weighs.
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