Australian Dollar Outlook: Sentiment Rebounds, AUD/USD Nears Resistance

Australian consumer sentiment rebounded sharply in August after the RBA held rates, although underlying weakness keeps the case for further tightening in check. Meanwhile, AUD/USD remains near 10-week highs but is showing early signs of fatigue around resistance ahead of Thursday's employment report.

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Source: Forexcom

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Category Forex

Source Forexcom

Published 1 month ago

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News ID #7,457

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