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The Australian Dollar (AUD) made a modest upward move, nearing the psychological level at 0.6700 on Friday following a retracement after registering losses in the previous session.
The AUDUSD pair is threatening a downside breakout. What’s next?
The Australian Dollar (AUD) registered minuscule gains against the US Dollar (USD) on Friday, shrugging off risk aversion due to tensions arising in the Red Sea, along with softer-than-expected economic data from the United States (US).
The Australian Dollar (AUD) gains upward traction for the second successive day on Thursday.
The fact that the Australian inflation figures surprised to the downside on Wednesday went somewhat under the radar.