AUD/USD claws back some ground after falling 0.35% to day low of 0.6912

Helped by 0.9% rally in S&P E-Mini as Microsoft, Google boost risk mood

Microsoft forecast steep revenue growth, Google search ads beat targets

Australian CPI speeds to 21-year high, peak still to come nL1N2Z802I

Data met expectations; RBA seen hiking 50bps next week, less chance of 75bps

Asia range 0.6957-0.6912; focus shifts to Fed rate decision later Wednesday

Pivotal resistance at 0.6980-85, supports 0.6910-15, 0.6870-80

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