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China Consumer Price Index (YoY) falls to 2.1% in Mar from 3.2%

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Forex: AUD/USD higher on China CPI

With Australia NAB business conditions “weakest since May09,” says Sophia Rodrigues at MNI, “but conditions, confidence improving in construction,” she adds, and China CPI finally coming out bit worse than expected at +2.1% year on year when +2.4% was expected and coming from previous at +3.2%, AUD/USD is last at fresh weekly highs 1.0446.
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