The Australian dollar strengthened notably against the US dollar, with the AUD/USD pair reaching 0.6684. Australia’s May economic indicators from MI remained unchanged at zero compared to the previous value. Meanwhile, Australia’s weighted average consumer price index increased to 4.0% y/y from the last 3.6%, surpassing the less ambitious forecast of 3.8%. Earlier statistics from […]
The post AUD/USD Surged, Buoyed by RBA Confidence and Inflation Ggrowth appeared first on Action Forex.
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