The Australian Dollar (AUD) pared its daily losses after the higher-than-expected Monthly Consumer Price Index was released on Wednesday.
The Australia n Dollar appreciated after the higher-than-expectedMonthly inflation was released on Wednesday. Australia ’s Monthly Consumer Price Index rose 3.6% YoY in April, surpassing the expected readings of 3.4% and 3.5% prior. The US Dollar rebounded due to higher US Treasury yields. The Australia n Dollar pared its daily losses after the higher-than-expected Monthly Consumer Price Index was released on Wednesday.
The next support level is at the psychological mark of 0.6600. A further decline could exert additional downward pressure on the AUD/USD pair, potentially driving it toward the throwback support region at 0.6470. AUD/USD: Daily Chart Australian Dollar price today The table below shows the percentage change of the Australian Dollar against listed major currencies today. The Australian Dollar was the strongest against the Canadian Dollar. USD EUR GBP CAD AUD JPY NZD CHF USD 0.02% 0.03% 0.06% -0.
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