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AUD/USD: Aussie Dollar Extends Rally on Weaker Dollar

AUD/USD: Aussie Dollar Extends Rally on Weaker Dollar
Australian dollar keeps firm tone and extends last week’s 2.1% advance, hitting a three-week high in early Monday. Weaker US dollar on growing expectations that Fed’s tightening cycle might be over, lifted the Aussie dollar, while solid data on Monday showed robust Australian business conditions, adding to bullish stance. Fresh bullish acceleration pushed the price […] The post AUD/USD: Aussie Dollar Extends Rally on Weaker Dollar appeared first on Action Forex... Read More
Posted: May 8 2023, 08:19
Author Name: actionforex
Views: 110827

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