AUD/USD is trading steadily around 0.6700 during the Asian session on Friday, following two days of gains. The Australian Dollar's support is influenced by a cautious outlook from the Reserve Bank of Australia (RBA), which has kept traders on edge regarding future monetary policy.
The exchange rate's stability reflects broader market sentiment as investors weigh the implications of RBA's tone on potential interest rate changes. As the pair consolidates near this key level, traders remain vigilant for cues that could drive further movements in the currency pair, particularly against a backdrop of fluctuating USD dynamics.
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Data Source: FX Killer Analysis Team Updated: 2026-01-16 01:42
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.