Australia RBA Trimmed Mean CPI (QoQ) below forecasts (0.6%) in 4Q: Actual (0.5%)

Australia RBA Trimmed Mean CPI (QoQ) below forecasts (0.6%) in 4Q: Actual (0.5%)
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Australian Dollar loses ground following CPI data

The Australian Dollar (AUD) extends its losses for the third consecutive day against the US Dollar (USD), driven by lower-than-expected Consumer Price Index (CPI) data from Australia released on Wednesday.
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