Australian Dollar extends losses amid US Dollar rebounds, focus on US, Australia data

October 23, 2023

in Forex

Reading Time: 7 mins read

Australian Dollar struggles as the US Dollar recovers recent losses.
Australia’s central bank is expected to implement more interest rate hikes.
Upbeat US Treasury yields contribute support for the Greenback.

The Australian Dollar (AUD) continues the losing streak for the fourth successive day on Monday. The AUD/USD pair faces challenges due to a rebound in US Dollar (USD) amid upbeat US Treasury yields.

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Australian Dollar extends losses amid US Dollar rebounds, focus on US, Australia data

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Australian Dollar extends losses amid US Dollar rebounds, focus on US, Australia data

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