๐ฆ๐บ Aussie Dollar Jumps to $0.7035!
AUD/USD surged in Friday's Asian session after hot inflation data fueled RBA rate hike bets.
๐ CPI rose 4.3% YoY in September - beating forecast of 4.2% and up from 4.0% in August. Housing & transport costs driving prices higher than RBA expected.
๐น Markets now pricing โผ80% chance of RBA hike to 4.85% at next meeting, up from 62% before data - per ASX RBA Rate Tracker.
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