AUD/USD DIPS AMID WALLER’S HAWKISH COMMENTS AHEAD OF AUSSIE’S RETAIL SALES

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  • AUD/USD falls following Federal Reserve Governor Waller's hawkish remarks on interest rates.
  • Australian inflation remains steady at 3.4% YoY as traders digest implications for RBA’s monetary policy.
  • Upcoming Australian Housing Credit and Retail Sales data eyed for further insight into domestic economic conditions.

The Australian Dollar finished Wednesday’s session virtually unchanged against the US Dollar following the Aussie’s inflation report and a scarce economic docket in the United States (US). Nevertheless, hawkish comments by Federal Reserve Governor Christopher Waller tumbled the AUD/USD as the Asian session began and traded at 0.6524, down 0.14%.


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