The Australian Dollar was softer after monthly inflation data from Australia was lower than expected in January.
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The British Pound retains a soft directional bias against the Australian Dollar, with 2025 being characterised by selloffs interspersed with tepid bouts of consolidation.
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The Australian Dollar advanced against most peers in the wake of news that the U.S. was open to striking a new trade deal with China, further diminishing the risks of a damaging trade war.
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The Australian Dollar is tipped to outperform in the coming months, helped by a 'hawkish' Reserve Bank of Australia (RBA) say analysts.
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The Reserve Bank of Australia (RBA) is tipped to cut rates just once more in 2025, says Standard Chartered FX and Macro Strategist Nicholas Chia.
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The Australian Dollar saw some volatile swings after the Reserve Bank of Australia (RBA) cut interest rates by 25 basis points to 4.10%.
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The Australian Dollar could shoot higher on Tuesday on a non-negligible chance the Reserve Bank of Australia (RBA) defies expectations to hold interest rates unchanged.
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