Australian Dollar appreciates on growing hawkish sentiment surrounding RBA

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Australian Dollar appreciates on growing hawkish sentiment surrounding RBA
SEOMajorsAustralia
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The Australian Dollar (AUD) edges higher for the fourth consecutive session on Thursday.

The Australia n Dollar gains ground as the stronger CPI enhances hawkish sentiment regarding the RBA monetary policy stance. The Australia n Dollar strengthens in response to the higher 10-year yield on Australia n government bonds. The gains in US Treasury yields could limit the losses of the US Dollar. The Australia n Dollar edges higher for the fourth consecutive session on Thursday.

The AUD/USD pair may find further support at April’s low of 0.6362. AUD/USD: Daily Chart Australian Dollar price today The table below shows the percentage change of the Australian Dollar against listed major currencies today. The Australian Dollar was the strongest against the Japanese Yen. USD EUR GBP CAD AUD JPY NZD CHF USD -0.05% -0.03% -0.04% -0.04% 0.14% -0.01% 0.02% EUR 0.05% 0.05% 0.01% 0.00% 0.18% 0.03% 0.07% GBP 0.02% -0.04% -0.04% -0.04% 0.16% -0.02% 0.03% CAD 0.06% 0.00% 0.05% 0.

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