The Australian Dollar (AUD) continues the losses against the US Dollar (USD) on mixed employment data released by the Australian Bureau of Statistics
Australian Dollar continues tolose after the release of jobs figures by the Australian Bureau of Statistics. Governor Bullock stated to take responsive policy measures if inflation persists. US housing market is currently presenting a puzzle with conflicting signals, keeping observers on alert. on Thursday. The AUD/USD pair halted its two-day winning streak in the previous session amid a speech by Reserve Bank of Australia Governor Michele Bullock.
92%, by the press time. Additionally, the USD continues to benefit from safe-haven flows amid rising geopolitical tensions between Israel and Palestine. Safe-haven currencies, including the US Dollar, tend to attract demand during periods of heightened uncertainty and geopolitical risks. Thursday seems set to bring a substantial dose of economic insights to the US.
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