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SYDNEY, Aug 15 (Reuters) - The Australian and New Zealand dollars were back on the defensive on Friday after a high reading on U.S. producer inflation quashed talk of aggressive rate cuts there and ...
Gold prices slipped as hotter-than-expected U.S. inflation data rattled markets, cutting bets on a bigger Fed rate cut next month. July’s Producer Price Index surged 3.3% from a year earlier, beating ...