Australian Dollar attempts to hold ground after recent losses on solid US Inflation data

The Australian Dollar (AUD) makes an effort to retrace its recent losses recorded in the previous session. The decline in the AUD/USD pair was driven by robust US inflation data for January, which dashed hopes of an imminent rate cut by the Federal Reserve (Fed) in March.

Related Keywords

Japan ,China ,Australia ,Japanese ,Australian ,Chinese ,Marion Kohler ,Michele Bullock ,Stephen Kennedy , ,Australian Dollar ,Federal Reserve ,Wall Street ,Digest Market Movers ,Governor Michele Bullock ,Economic Analysis ,Consumer Price Index ,Exponential Moving Average ,Japanese Yen ,Reserve Bank ,Because Australia ,Chinese Economy ,Iron Ore ,Trade Balance ,Audusd ,Ceo ,Ajors ,Macroeconomics ,