AUD/USD Hovers Near Six-month High Near 0.6750 On Firm Fed Rate-Cut Prospects
July 08, 2024 at 11:22 AM EDT
AUD/USD holds gains near a six-month high around 0.6750 as traders raise Fed rate-cut bets. The US labor market strength appears to have lost momentum. The RBA could tighten its monetary policy further.
