this post was submitted on 01 Jul 2024
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Finance

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■AUD/USD extends the rally around 0.6675 in Monday’s early Asian session.

■The US Core PCE inflation rose 2.6% YoY in May, compared to 2.6% in April.

■The stubborn inflation in Australia pushed back the expectation that the RBA would cut rates, boosting the Aussie.

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