Ireland Purchasing Manager Index Services up to 53.8 in August from previous 53.6

AUD/USD posts modest gains above 0.6700 ahead of Australian GDP data

The AUD/USD pair gains traction near 0.6715 during the early Asian session on Wednesday.
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ECB's Nagel: The great wave of inflation is over

European Central Bank policymaker Joachim Nagel said on Tuesday that "the great wave of inflation is over", adding he will not decide whether to vote to cut rates in September until next week, per Reuters.
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