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AUD/US: Hawkish RBA and Fed Expected to Stay on Hold Continue to Fuel Bulls

Australian dollar continues to trend higher vs its US counterpart and hit five-week high and hit five-week high in European trading on Monday. The Aussie remains underpinned by the latest RBA action, after the central bank surprised by 25 basis points rate hike and signals of further tightening, as inflation remains elevated despite strong measures. […] The post AUD/US: Hawkish RBA and Fed Expected to Stay on Hold Continue to Fuel Bulls appeared first on Action Forex... Read More

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Posted: Jun 12 2023, 10:37

Author Name: actionforex

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