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December 9, 2024

AUD/USD Stays Positive as Traders Await Rate Decision

AUD/USD Gains Ground Amid Lower USD Pressure

The AUD/USD pair has shown positive momentum, reaching around 0.6400 during the Asian session on Monday. This upward trend comes as the US Dollar experiences weakening dynamics.

With no expected speeches from Federal Reserve officials this week, all eyes are on the Reserve Bank of Australia’s rate decision. This event holds significant importance and may impact the AUD/USD trajectory.

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