The Australian Dollar (AUD) extends its gains against the US Dollar (USD) for the second consecutive session on Wednesday.
The Australia n Dollar remains stronger due to the hawkish sentiment surrounding the RBA ’s policy outlook. RBA Governor Michele Bullock stated that near-term rate cuts do not align with their current strategy. The US Dollar struggles as recent employment data fueled higher odds of a Fed rate cut in September. The Australia n Dollar extends its gains against the US Dollar for the second consecutive session on Wednesday.
6575 level, where throwback support has turned into resistance. A breakout above this level could push the AUD/USD pair toward a six-month high of 0.6798. 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 JPY CAD AUD NZD CHF USD 0.14% -0.06% 1.58% -0.04% -0.42% -1.00% 0.59% EUR -0.14% -0.20% 1.39% -0.18% -0.60% -1.
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