Bailey speech: Latest inflation data shows more downward pressure than expected

While testifying before the UK Economic Affairs Committee on Wednesday, Bank of England (BoE) Governor Andrew Bailey called the latest inflation data "good news" and noted that it showed more downward pressure than they expected.
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AUD/USD: Bearish forecast profile going forward – Danske Bank

The Australian Dollar (AUD) has been among the weakest performing G10 currencies in early 2024.
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