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News 2026-10-21 01:02 UTC

Australian Dollar Rallies on RBA Hike Bets

The Australian dollar rose above $0.70, extending its rally to a more than three-week high as hawkish comments from a top central bank official boosted the odds of another interest rate hike. RBA Deputy Governor Andrew Hauser said tighter monetary policy was working, but warned that the inflation outlook remained “mate