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PropMarketCapFRESHMacroeconomics and central banks

AUD/USD broke through 0.7000 after RBA comments: inflation worse than forecast

Reserve Bank of Australia Deputy Governor Andrew Hauser said the inflation forecast looks worse than the bank's own calculations. AUD/USD rose about 0.45%, broke through the round 0.7000 level and reached 0.7017 - a two-week high and the fourth consecutive gain.