AUD/USD retreats amid surging US inflation, revised Fed rate cut expectations

The Australian Dollar posted losses of more than 1.50% on Wednesday against the US Dollar following the release of a hotter-than-expected inflation report in the United States (US).
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USD/JPY hovers around 153.00, the highest level since July 1990, eyes on intervention risks

The USD/JPY pair trades on a weaker note near 153.00 after retreating from the highest level since July 1990, nearly 153.24, on Thursday during the early Asian session.
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