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10 Aug 2026 · 14:55 GMT+3
18

Australian Dollar approaches two-month highs at 0.7088 with RBA decision on tap

The Australian Dollar (AUD) holds gains, in the mid-range of the 0.7000s against the US Dollar (USD) on Monday, with two-month highs of 0.7088 at hand. The Aussie is capitalising on the US Dollar’s weakness, as hopes of Federal Reserve (Fed) rate hikes wane.

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