US Industrial Production rises 0.7% in February vs. 0.2% expected

Industrial Production in the US expanded by 0.7% on a monthly basis in February, the Federal Reserve reported on Tuesday.
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AUD/USD retraces from three-week high of 0.6400, Fed policy in focus

The AUD/USD pair corrects to near 0.6355 during North American trading hours on Tuesday after posting a fresh three-week high at 0.6390 on Monday.
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