The Australian Dollar (AUD) rallied against the US Dollar (USD) on Friday, marking its sixth consecutive day of gains. As trading progressed, the AUD/USD exchange rate climbed, reflecting growing investor sentiment amid increased speculation surrounding a cautious stance from the Reserve Bank of Australia (RBA).
This upward momentum comes as the market anticipates a more measured approach from the RBA in light of recent economic indicators. The AUD's resilience against the USD may signal a shift in trading strategies, with investors keenly watching key technical levels for further direction. With the EUR/USD and other major currency pairs also in focus, traders are bracing for potential volatility as the week unfolds.
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Data Source: FX Killer Analysis Team Updated: 2025-11-28 04:45
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.