Day: October 6, 2023

AUD/USD has dropped to near 0.6300 after robust US job data

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The AUD/USD pair has faced an intense sell-off to near 0.6300 after the better-than-projected United States Nonfarm Payrolls (NFP) report. The Aussie asset shifted into a bearish trajectory as the market mood has turned cautious as the expectations of one more interest-rate hike from the Federal Reserve (Fed) has accelerated. The S&P500 opened on a […]

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