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Australian Q1 underlying CPI +0.4% QoQ, +2.1% YoY

Sean Lee
24/04/2012 | 01:30 GMT

You can read the full CPI data at the Australian Bureau of Statistics site.

Now the market will be speculating on 50bps rate cuts, or at least successive 25bps cuts.

AUD/USD has fallen sharply towards 1.0260 with next strong technical support at 1.0220.

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