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EUR/USD Rises as Mixed US Data Underwhelms /
npub1nxt…er6y
2024-07-04 19:00:38

EUR/USD Rises as Mixed US Data Underwhelms on Nostr: Australian Dollar holds gains despite lower-than-expected Trade Surplus from ...

Australian Dollar holds gains despite lower-than-expected Trade Surplus from Australia
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#5acfe72f ver:0.64

The Australian Dollar (AUD) remains strong despite weaker Trade Surplus and USD weakness. Positive economic data, weaker US Dollar, and upcoming events contribute to the AUD/USD bullish outlook. The AUD/USD pair is at its highest level since January, with potential for further gains. The RBA's hawkish stance and high inflation delay rate cuts. The AUD/USD forecast aligns with fundamentals, making it an ideal currency pair to trade on the long side. #AUD #USD #economy #forex...

#newstr #AustralianDollar #TradeSurplus #ReserveBankOfAustralia #Usd

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