The Australian dollar rises, Australia's inflation in January exceeds expectations.

The Australian dollar has risen, with Australia's January inflation data exceeding expectations. The Australian dollar/US dollar rose 0.2% to 0.7075; before the data was released, it was around 0.7061. The yield on Australia's 3-year government bonds rose by 3 basis points to 4.27%; before the data was released, it was at 4.24%. Australia's January CPI trimmed mean rose by 3.4% year-on-year, higher than the estimated 3.3% year-on-year increase.