Japan Producer Price Index (MoM) below forecasts (0%) in August: Actual (-0.2%)

Australian Dollar slides as US yields jump before pivotal CPI

The Australian Dollar ended Thursday’s session with a 0.80% loss against the US Dollar after US producer inflation exceeded estimates, triggering pricing for a more hawkish Federal Reserve. The AUD/USD trades at 0.7159 after reaching a peak of 0.7223.
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Japan Producer Price Index (YoY) registered at 7.6% above expectations (7.4%) in August

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