The Australian Dollar (AUD) extends its gains for a second consecutive session on Monday, supported by hawkish comments from Reserve Bank of Australia (RBA) Governor Michele Bullock last Thursday.
The Australia n Dollar recovers its recent losses due to the hawkish RBA. Australia 's 10-year government bond yield eased to near 4.66%, pulling back from a one-year high. The US Dollar may appreciate following hawkish comments from Fed officials. The Australia n Dollar extends its gains for a second consecutive session on Monday, supported by hawkish comments from Reserve Bank of Australia Governor Michele Bullock last Thursday.
6348, last seen on August 5. Immediate resistance for the AUD/USD pair is at the psychological level of 0.6500. A break above this could propel the pair toward the nine-day EMA at 0.6514, followed by the 14-day EMA at 0.6542. Clearing these EMAs could open the path for a move toward the three-week high of 0.6687. AUD/USD: Daily Chart Australian Dollar PRICE Today The table below shows the percentage change of Australian Dollar against listed major currencies today.
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