After the abolition of the previous week, on Thursday the main thread was the modest strength of the US dollar, and the dollar index rose to the highest level since May 2017, reflecting to a large extent the divergent monetary policy and economic prospects between the United States and other major developed countries. However, after falling to just US $ 6988,
AUD/USD discovered again buying aid towards closing, helping to recover all previous losses.
"The ridiculous sentiment still captures AUD after weak inflation printing, which strengthened arguments for rate cuts in May,"
Analysts at ANZ Bank said.
"Aussie fell below the key psychological level of 70 US cents because the risk appetite has disappeared, but has bounced off to close the key support above."


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