The Australian Dollar (AUD) continued its winning streak for the fifth consecutive session on Tuesday, driven by a hawkish sentiment surrounding the Reserve Bank of Australia (RBA).
The Australia n Dollar rises due to the hawkish sentiment surrounding the RBA’s policy decision. The Australia n central bank is anticipated to keep the cash rate unchanged at 4.35% during its May meeting later today. The US Dollar remains subdued due to a prevalent risk appetite, fueled by expectations regarding rate cuts by the Fed.
Subsequently, the lower boundary of the symmetrical triangle around the level of 0.6465 may serve as another support level. AUD/USD: Daily Chart Australian Dollar price today The table below shows the percentage change of the Australian Dollar against listed major currencies today. The Australian Dollar was the strongest against the Japanese Yen. USD EUR GBP CAD AUD JPY NZD CHF USD 0.02% 0.03% 0.05% 0.03% 0.14% 0.02% 0.06% EUR -0.02% 0.00% 0.03% 0.03% 0.13% 0.00% 0.07% GBP -0.03% 0.00% 0.02% 0.
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