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December 11, 2024

AUD/USD Drops 0.8% as RBA Signals Changing Policy

The Australian Dollar (AUD) dropped by 0.8% following the Reserve Bank of Australia’s (RBA) decision to maintain interest rates. Currently set at 4.35%, the RBA’s subtle changes in their statement suggest they are moving closer to making rate cuts. This change in policy raises questions about future AUD strength.

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