ONTRADE Forex

Australian Dollar Price Forecast: No changes to the range-bound theme

Australian Dollar Price Forecast: No changes to the range-bound theme
The Australian Dollar (AUD) lost traction on Thursday, weighed down by the persistent recovery of the US Dollar (USD). That said, spot broke back below the key 0.6600 level, reflecting a renewed push higher in the US Dollar Index (DXY), which climbed to fresh two-month highs above 99.00.

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