Australian Dollar declines after consumer prices do not reach estimations

Source: Bloomberg
The Australian Dollar, also called Aussie, slipped by 0.3% to $1.0535 in the end of Sydney trading session on Wednesday. The Aussie was traded pessimistically, erasing a two-day gain, as consumer prices increased less than expected and do not reached economists forecast. Consumer data brings pressure for the Reserves Bank of Australia to cut the key interest rate further.
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