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AUDUSD eased from new multi-month high on Tuesday after the Reserve Bank of Australia kept rates unchanged in today’s policy meeting, but comments from Governor Bullock were less hawkish than expected and sidelined expectations for possible policy tightening. The pullback was so far shallow, as Aussie is underpinned by higher commodity prices and diverging Fed/RBA […]

The post AUD/USD Outlook: Dips After Less Hawkish RBA, But Larger Bulls Remain Intact appeared first on Action Forex.

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28/05/2024

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