AUD/USD Forex Signal: Sits At Key Resistance As Odds Of RBA Rate Hike Rise
June 04, 2024 at 05:46 AM EDT
The AUD/USD exchange rate rose for three days straight as the bond market pointed to a potential rate hike by the Reserve Bank of Australia (RBA). It jumped to a high of 0.6695 as the US dollar index (DXY) tumbled.