AUD/USD Price Forecast: Aussie turns bullish above the 50-day SMA, eyes 0.7100
AUD/USD advances some 0.47% on Thursday as the US Dollar (USD) weakens, despite traders delaying Federal Reserve (Fed) rate cuts, while US Crude Oil prices are edging lower by 4.21%, a headwind for the buck. The pair hovers around 0.7050 at the time of writing.
AUD/USD advances some 0.47% on Thursday as the US Dollar (USD) weakens, despite traders delaying Federal Reserve (Fed) rate cuts, while US Crude Oil prices are edging lower by 4.21%, a headwind for the buck. The pair hovers around 0.7050 at the time of writing.
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