The Australian Dollar remained steady as the Reserve Bank of Australia (RBA) opted to maintain its current monetary policy, keeping interest rates unchanged at 4.10%. This decision has left traders focused on upcoming US employment data, which could significantly impact the AUD/USD exchange rate. Currently, the pair is trading around 0.6640, with support noted at 0.6600 and resistance at 0.6700.
In the broader market, the Euro is trading mixed against the USD, with the EUR/USD hovering near 1.0650. Investors are watching key economic indicators and anticipating the release of the latest US employment figures, which could influence the Federal Reserve's next moves. With the USD showing signs of strength recently, any positive employment data could propel the greenback higher against major currencies, including the euro and the Australian dollar.
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Data Source: FX Killer Analysis Team Updated: 2025-12-09 06:31
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.