What happened to the AUD to USD rate last night?, page-2

  1. ClarkKent
    10,355 Posts.
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    04/02/23
    11:30
    Post #: 66068866
    Not just the Aussie
    Every major currency fell against the $US last night

    Reason: US Jobs data. Much better than expected.
    Thats bad for inflation
    Therefore market expects higher US interest rates
    Making the USD a more attractive currency for investors (higher interest yield)
    Last edited by ClarkKent: 04/02/23
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