The AUD/USD currency pair maintains its strong momentum, trading firmly near the 0.6650 level during the late Asian session. This marks the 12th consecutive day of gains for the Australian dollar, largely driven by positive trade balance data from China, which bolstered market sentiment and supported the Aussie’s position against the USD.
As traders closely monitor the Reserve Bank of Australia's policy decisions, the recent upward trend could face challenges if the RBA signals any shifts in its approach. With the exchange rate hovering near a two-month high, market participants are keenly aware of how forthcoming economic data and central bank announcements may impact the AUD/USD trajectory in the coming sessions.
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Data Source: FX Killer Analysis Team Updated: 2025-12-08 07:23
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.