FXStreet · 1 min read

Australian Dollar holds firm amid hawkish Fed and RBA expectations

Australian Dollar holds firm amid hawkish Fed and RBA expectations

AUD/USD trades in a narrow range on Monday as markets weigh hawkish expectations from both the Reserve Bank of Australia (RBA) and Federal Reserve (Fed). At the time of writing, the pair trades around 0.7167, with a modest pullback in the US Dollar (USD) helping cushion the downside.

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