The AUD/USD currency pair experienced a notable uptick on Wednesday, trading at approximately 0.6500, marking a 0.45% increase for the day. This rise follows the release of Australia’s new “complete” monthly inflation measure, which significantly exceeded market expectations, boosting investor confidence in the Australian dollar.
Simultaneously, growing speculation surrounding a potential interest rate cut by the Federal Reserve has further supported the Aussie. As traders adjust their positions in anticipation of changing monetary policy, the strengthened exchange rate reflects a shift in sentiment, highlighting the interconnected nature of global markets and the impact of domestic economic indicators on currency movements.
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Data Source: FX Killer Analysis Team Updated: 2025-11-26 11:39
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.