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Australian dollar firms as RBA hike expectations rise

The Australian dollar strengthened against major currencies in the Asian session as recent Australian economic data raised the prospect of an RBA interest rate hike as soon as this month.

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CANBERA (dpa-AFX) - The Australian dollar strengthened against other major currencies in the Asian session on Friday, as recent Australia's economic data raised the prospect of an interest rate hike by the Reserve Bank of Australia or the RBA as soon as this month.The Australian Bureau of Statistic…