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December 16, 2024

AUD USD Maintains Gains Despite Soft USD Market

The AUD USD pair maintains a mildly positive bias during the first half of the European session on Monday, trading around the 0.6365-0.6370 range, with a gain of just over 0.15% for the day. This stability occurs even though the pair struggles to reach significant levels after a recent downturn. Investors should closely watch AUD USD as it navigates through mixed signals in the foreign exchange market. Understanding the current dynamics influencing AUD will be critical for maintaining effective trading strategies going forward.

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