AUD/USD Declines Towards 0.6200 on RBA Rate Cut Fears for 2025
The AUD/USD pair continues its downward trend, trading around 0.6220 during the Asian session on Friday. This ongoing decline is predominantly influenced by a strengthening US Dollar, which benefits from increasing expectations that the Reserve Bank of Australia (RBA) may implement rate cuts by 2025. Investors are advised to keep an eye on developments that may affect this pair.
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