Australian Dollar Extends Gains on Solid Economic Data and Weaker US Dollar
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#5acfe72f ver:0.62

The Australian Dollar (AUD) extends gains on solid economic data and weaker US Dollar. Positive figures from Judo Bank's Australia PMI and increased retail sales contribute to the AUD's upward momentum. The AUD/USD pair is also supported by the decline in US Treasury yields. Traders await further direction from US economic indicators and FOMC minutes. The AUD/USD outlook remains bullish, with the AUD at its highest levels for the year. Key events and indicators next week could impact the direction of the Australian dollar. The AUD/USD forecast aligns with fundamentals, making it an ideal currency pair to trade on the long side....

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