AUD/USD falls sharply toward 0.7750 after US inflation data

The AUD/USD pair lost nearly 50 pips in a matter of minutes after the highly-anticipated inflation data from the US. As of writing, the pair was losin
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Fed's Clarida: Inflation likely to rise somewhat further before moderating

Inflation in the US is likely to continue to rise "somewhat further" before moderating towards the end of the year, Federal Reserve's Vice Chairman Ri
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