Day: September 13, 2024

AUD/USD Holds Key Support Amid RBA Concerns and US Inflation

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The AUD/USD pair is trading near the round-level support of 0.6700, with the Australian Dollar (AUD) facing pressure from concerns about the Reserve Bank of Australia’s (RBA) hawkish interest rate stance. RBA Interest Rate Concerns Market experts worry that the RBA’s continued high interest rates could negatively impact labor market conditions. However, RBA officials remain […]

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