The Story
News Summary
- The Australian dollar rebounded past $0.70, driven by global risk appetite after a US-Iran interim peace agreement weakened the US dollar.
- Domestically, soft economic data has led markets to price out a June rate hike by the Reserve Bank of Australia, shifting focus to the upcoming May CPI report.
Explore AUDUSD price history & advisor snapshot
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Stored market data
AUDUSD price history
0.71
+7.58% over the displayed period
Advisor Snapshot
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