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Australian Dollar Slides After RBA's Widely Expected 25-Basis Point Hike

AUD/USD slides after the Reserve Bank of Australia hiked the cash rate by 25 basis points, in line with expectations. The focus now shifts to US Fed Chair Powell’s testimony later today and tomorrow. What’s next for AUD/USD?

from DailyFX - Market News https://ift.tt/zqVK8Rr

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