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Feb 26 - 06:55 AM

AUD/USD - Within Strike Of 0.6325 After Aussie Inflation Data

By Robert Howard  —  Feb 26 - 04:48 AM

• Big 0.6325 option expiry exerts magnetism over AUD/USD after Aussie CPI data

• The size of the strike for the 10am ET NY cut is A$580 million

• 0.6320 was Asian session base, lowest level since Feb 14

• Australia Jan CPI up 2.5% YY, as forecast. RBA rate hold expected in April

• Bessent: Commerce Dept/USTR to decide on Australia tariff exemption request

• U.S. House Republicans advance Trump's tax cut plan, by 217-215 vote

AUDUSD


(Robert Howard is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters

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