AUD/USD Dips Below 0.6500 Amid US-China Trade Tensions and Strong Dollar
The AUD/USD pair begins the week with a notable decline, dropping below the critical 0.6500 level during the Asian trading session. This move snaps a three-day winning streak and reflects concerns about escalating trade tensions between the US and China. The strong performance of the US dollar further exacerbates the situation, creating a challenging environment for the Australian dollar. As market conditions evolve, traders should remain vigilant about potential shifts.
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