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AUD/USD Price Analysis: Aussie Bulls Cheer RBA’s Hawkish Tone

by Forex Crunch
November 5, 2024
in Forex Analysis
Reading Time: 1 min read

The Reserve Bank of Australia kept interest rates unchanged. Australia’s underlying inflation remains high at 3.5%. The dollar was vulnerable on the day of the US election. The AUD/USD price analysis indicates renewed bullish sentiment after hawkish remarks at the Reserve Bank of Australia policy meeting. Meanwhile, the dollar pulled back as bets supported a…
The post AUD/USD Price Analysis: Aussie Bulls Cheer RBA’s Hawkish Tone appeared first on Forex Crunch.
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