AUD/USD remains stronger for the third successive session, trading around 0.7120 during the Asian hours on Thursday. The pair advances toward its three-year high of 0.7147, last touched on February 12, as the Australian Dollar strengthens following hotter-than-expected inflation data from Australia, reinforcing expectations of further interest rate hikes by the Reserve Bank of Australia this year.
Source: https://www.fxstreet.com/news/australia-private-capital-expenditure-registered-at-04-above-expectations-0-in-4q-202602260030
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