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AUD/USD Forecast: Australian Dollar Steady Ahead of Jobs Report
AUD/USD holds within the weekly range following the kneejerk reaction to the US Consumer Price Index (CPI), and the exchange rate may attempt to retrace the decline from the monthly high (0.6522) as Australia’s Employment report is anticipated to show a rebound in job growth. AUD/USD Forecast: Australian Dollar Steady Ahead of Jobs Report AUD/USD registered a fresh yearly low (0.6358) during the previous after failing to defend the August low (0.6365), and the Australian Dollar may continue to underperform against its US counterpart as the Reserve Bank of Australia (RBA) keeps the cash rate at 4.10% for ... (full story)