Forex News Expect AUD/USD to regain 0.96 handle in near-term with 2Q CPI tomorrow presenting some downside risks, say BNP Paribas FX strategists. "Given the downside surprise in PPI (yesterday), it is likely that CPI could also come in a little lower than current expectations." Says given weaker growth environment, chances of RBA rate hike are "extremely slim". "Once commodity prices top off, the AUD is set for significant weakness." Pair last 0.9768.
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