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The Australian dollar remains under significant pressure, with AUD/USD extending its downtrend mid-week to reach 0.6539, the lowest since August. The decline, which began on 1 October, has been relentless, with the pair experiencing little to no respite from its downward trajectory. Recent data indicating that Australia’s annual inflation cooled to 2.8% in Q3 from […]

The post AUD/USD Continues Downward Spiral Amid Economic Concerns appeared first on Action Forex.

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04/12/2023

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