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kajaljan

09/13 16:17

AUD/USD refreshes 10-month high near 0.6670 amid

AUD/USD refreshes 10-month high near 0.6670 amid upbeat market sentiment

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  • AUD/USD jumps to near 0.6670 as the Australian Dollar capitalizes on risk-on market mood.

  • Fed dovish expectations have boosted demand for risk-sensitive assets.

  • The RBA is unlikely to cut interest rates in September’s monetary policy meeting.

The AUD/USD pair posts a fresh 10-month high near 0.6670 during the European trading session on Friday. The Aussie pair strengthens as the Australian Dollar (AUD)outperforms its peers amid cheerful market sentiment.

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