Australian Dollar depreciates on risk aversion amid a stronger US Dollar

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Australian Dollar depreciates on risk aversion amid a stronger US Dollar
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The Australian Dollar (AUD) extends its losses for the second successive session on Friday.

Australian Dollar remains tepid as market bias leans towards RBA adopting a dovish stance. Australia's central bank may consider cutting interest rates in the second half of 2024. US Dollar strengthens as recent data suggests that the Fed may delay implementing rate cuts shortly. The Australian Dollar extends its losses for the second successive session on Friday. However, market activity is expected to be subdued due to light trading on Good Friday.

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 weakest against the Pound Sterling. USD EUR GBP CAD AUD JPY NZD CHF USD 0.11% 0.00% 0.01% 0.05% -0.01% 0.05% 0.06% EUR -0.10% -0.11% -0.08% -0.06% -0.12% -0.06% -0.04% GBP 0.00% 0.12% 0.02% 0.04% -0.01% 0.05% 0.07% CAD -0.01% 0.06% -0.03% 0.04% -0.03% 0.02% 0.03% AUD -0.06% 0.02% -0.08% -0.03% -0.05% 0.01% 0.

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