AUD/USD taps three-year highs on broad US Dollar weakness
AUD/USD is trading near three-year highs after a strong break above the 0.7000 psychological level for the first time since February 2023, supported by the Reserve Bank of Australia's (RBA) surprise 25 basis point rate hike to 3.85% at its February meeting.
AUD/USD is trading near three-year highs after a strong break above the 0.7000 psychological level for the first time since February 2023, supported by the Reserve Bank of Australia's (RBA) surprise 25 basis point rate hike to 3.85% at its February meeting.
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