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Australian Dollar / U.S. Dollar
Long
Oct 14, 2023
AUD/USD will increase slightly at the beginning of next week
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The AUD/USD pair has reached its lowest point of the week at 0.6289, experiencing a decline of 0.32%.
The Consumer Sentiment Index at the University of Michigan in the United States has worsened, as inflation expectations continue to rise.
The sentiment towards the Australian dollar is further dampened by the economic struggles in China and geopolitical tensions in the Middle East.
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