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The AUD/USD pair continues its downward trajectory, reaching a four-week low of 0.6386 on Wednesday. This decline is primarily influenced by the Reserve Bank of Australia’s (RBA) decision to maintain interest rates at 4.35% per annum for the ninth consecutive meeting. This decision, which was widely expected, reflects the central bank’s cautious approach despite ongoing […]

The post Australian Dollar Hits Four-Week Low Amid RBA Stance and US Dollar Strength appeared first on Action Forex.

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10/06/2024

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