The Australian Dollar (AUD) continues the winning streak that began last week on weaker US Dollar (USD). The AUD/USD pair is strengthening as the like
Australian Dollar gains upward momentum due to the correction in the US Dollar. Australia’s RBA is expected to increase interest rates; contributing support for the Aussie Dollar. The slew of dovish remarks by Fed officials contribute to pressure on the US Dollar. lihood of another interest rate hike by the Reserve Bank of Australia increases. This trend can be linked to growing inflation expectations fueled by higher oil prices.
These levels play a crucial role in indicating potential shifts in the trajectory of the AUD/USD pair. AUD/USD: Daily Chart Australian Dollar price today The table below shows the percentage change of Australian Dollar against listed major currencies today. Australian Dollar was the strongest against the Japanese Yen. USD EUR GBP CAD AUD JPY NZD CHF USD -0.05% -0.07% 0.02% 0.07% 0.06% 0.03% -0.06% EUR 0.05% 0.00% 0.07% 0.10% 0.10% 0.07% -0.03% GBP 0.06% 0.02% 0.09% 0.12% 0.13% 0.10% 0.
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