The Australian Dollar (AUD) extends losses for the second session, trading around all-time lows against the US Dollar (USD) on Thursday. The AUD/USD p
Australian Dollar continues to lose ground as the US Dollar surges. RBA is expected to increase interest rates; which could limit the losses of the AUD. US Dollar received upward support from improved US Treasury yields. air faces a challenge on the upbeat Greenback, which could be attributed to the improved US Treasury yields. Australia's inflation data introduced the prospect of a 25 basis points rate hike by the Reserve Bank of Australia during its November meeting.
Australian Dollar was the weakest against the US Dollar. USD EUR GBP CAD AUD JPY NZD CHF USD 0.17% 0.14% 0.05% 0.29% 0.19% 0.22% 0.09% EUR -0.17% -0.04% -0.13% 0.12% 0.01% 0.05% -0.06% GBP -0.14% 0.05% -0.08% 0.16% 0.06% 0.09% -0.03% CAD -0.05% 0.12% 0.08% 0.24% 0.15% 0.18% 0.07% AUD -0.29% -0.11% -0.15% -0.24% -0.10% -0.07% -0.17% JPY -0.20% 0.00% -0.07% -0.13% 0.08% -0.01% -0.07% NZD -0.22% -0.05% -0.08% -0.18% 0.06% -0.03% -0.11% CHF -0.13% 0.04% 0.00% -0.07% 0.16% 0.07% 0.
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