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Currency markets witnessed an uptick in the Dollar's dominance in the week spanning May 8 to May 12, amidst fresh inflation readings that underscored latent price pressures in the U.
Australia's inflation expectations accelerated. US inflation dipped but is unlikely to move the Fed's dial. US consumer sentiment is next
The Australian dollar's sharp rally has ended. Australian retail sales declined in Q4. The Fed warns that banks are tightening credit
AUD/USD continues to rally today. Australian business conditions improved slightly, but Australian consumer confidence is expected to decline
RBA Governor Lowe defended his surprise decision to raise rates by 25 bp. The Fed is expected to raise rates by 25 bp later today