AUD/USD Moves Downward 1

AUD/USD Moves Downward

The AUD/USD pair maintains its bearish momentum, extending its losing streak even after the Reserve Bank of Australia (RBA) implemented a 25-basis-point rate hike on Tuesday. During Wednesday’s Asian session, the pair is trading lower, hovering around 0.6420. The negative bias seems to persist as the RBA adopts a dovish stance in its rate statement. […]

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