AUDUSD boosted on signs of another interest rate hike
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AUDUSD recovered from Friday’s losses and traded at 0.9076 on speculation that retail sales rose 0.3% in February, due on March 31 and as RBA Governor Glenn Stevens said house prices are “getting quite high” and signaled that interest rates may need to be increased further to contain inflation adding that it was important for borrowing costs to be returned to “normal” levels. With Prime Minister… | ||||||||||||||||||||
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