Aussie Tumbles after CPI, Yen Falls as FOMC Awaited

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By Vikash in Business
Updated 3 years ago

Australian Dollar tumbles broadly in Asian session after weaker than expected CPI data. Sterling is following as the second weakest , and then New Zealand Dollar. Dollar firms up mildly as traders await FOMC rate decision, but the rebound is mainly centered against Yen and Aussie. Indeed, Yen was under some notable selling pressure overnight as US treasury yields rebounded.

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