AUD/USD extends rally as Fed rate cut bets grow, focus shifts to RBA

AUD/USD extends rally as Fed rate cut bets grow, focus shifts to RBA

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The Australian Dollar (AUD) is consolidating gains against the US Dollar (USD) on Friday, buoyed by weakness in the Greenback amid growing expectations that the Federal Reserve (Fed) will cut interest rates in September, following soft labor market data and signs of a slowing US economy…
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