AUD/USD 0.7170 as Australian CPI r
27 April 2022, 04:36 AUD/USD has climbed above 0.7170 on higher-than-expected Australian inflation at 5.1%This has raised the odds of a hawkish stance by the RBA in May.The DXY is likely to display a consolidated move ahead after a decent upside move.The AUD/USD pair has rebounded sharply as the Australian Bureau of Statistics has reported the quarterly Consumer Price Index (CPI) at 2.1%, higher than the market consensus of 1.7% and the ...