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AUDUSD...UT Continuation
Australia, being a significant exporter of commodities such as iron ore and coal, has experienced a boost in commodity prices. Commodity prices on the rise may have a positive impact on the Australian economy and the AUD.
There is a potential policy divergence between the Reserve Bank of Australia (RBA) and the US Federal Reserve. The RBA is considering the possibility of increasing interest rates in the future, while the US Federal Reserve appears to be approaching the end of its tightening cycle. This difference in interest rates may be appealing to investors considering the AUD.
There is a potential policy divergence between the Reserve Bank of Australia (RBA) and the US Federal Reserve. The RBA is considering the possibility of increasing interest rates in the future, while the US Federal Reserve appears to be approaching the end of its tightening cycle. This difference in interest rates may be appealing to investors considering the AUD.
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