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The Australian dollar is poised for a bullish run if domestic interest rates rise next year.

According to economists at Commonwealth Bank of Australia (CBA), the next move on interest rates at the Reserve Bank of Australia could well be to hike.

Citing just-released RBA meeting minutes , CBA's team sees evidence the central bank is no longer thinking solely in terms of rate cuts or extended holds.

CBA says that stronger data and persistent inflation pressures mean the board may have to widen its options to include tightening.

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