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16 Sept 2026 · 21:23 GMT+3

Australian Dollar slides below 0.7100 as Warsh strikes hawkish tone

AUD/USD extends losses on Wednesday after the Federal Reserve (Fed) raised interest rates and released a hawkish set of policy projections. The pair slides more than 20 pips in the immediate reaction and trades around 0.7093 at the time of writing.

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