Aussie Dollar Hits 9-Week Low Amid Inflation Data Miss
The Australian dollar hit a nine-week low on Wednesday due to inflation data coming in under forecasts.
The miss was marginal, but it gave speculators an excuse to keep selling the currency after three straight weeks of falls.
The Aussie eased by 0.3% to $0.6963, bringing its losses this month to 2.8%.
The next support levels are $0.6922 and $0.6866.