SYDNEY, April 27 (Reuters) - The Australian dollar AUD=D4 dropped two-thirds of a U.S. cent on Wednesday after a lower-than-expected inflation reading saw markets calculating an increase in the risk of an interest rate cut.
The Aussie fell to $0.7678 to show a loss of 0.9 percent on the day. It touched a 10-month peak of $0.7836 last week.