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Australian Dollar falls to lowest since March as robust NFP reinforces Fed hike bets

FXStreetAustralia

Australian Dollar falls to lowest since March as robust NFP reinforces Fed hike bets

AUD/USD extends losses on Friday, slipping to levels last seen in late March. A firmer US Dollar, weaker risk appetite amid the AI-led stock-market rout and cautious Reserve Bank of Australia (RBA) guidance following this week’s rate hike all contribute to the decline.

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