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Australian dollar falls against US dollar after Reserve Bank of Australia keeps rates unchanged

The Australian Dollar is gaining strength as the Reserve Bank of Australia’s firm stance on rates contrasts with the anticipated US Federal Reserve cuts. Traders see bullish potential for AUD/USD pair growth. – vtmarketsmy.com

AUD/NZD pair declines to 1.1440 due to inflation after keeping the OCR at 3.6%

The AUD/NZD exchange rate fell to 1.1440 as Australia’s inflation prompts the RBA to hold rates steady. Upcoming labor data could further influence the Aussie dollar’s weakness against the Kiwi. – vtmarketsmy.com

The Reserve Bank of Australia keeps interest rate steady at 3.6%, meeting expectations

The RBA holds interest rates at 3.6% amidst inflation concerns. With rising inflation and global market dynamics, traders eye upcoming volatility, presenting opportunities in derivatives and potential AUD strength. – vtmarketsmy.com

The Dow Jones Industrial Average appears to be forming Intermediate Wave (iv) of Primary Degree Wave 3.

The Dow Jones is poised for a bullish breakout from a symmetrical triangle pattern, targeting 49,347–51,726 if it maintains support above 45,728. A decisive upward move may follow soon. – vtmarketsmy.com

In November, Indonesia’s consumer confidence increased from 121.2 to 124, indicating improved public sentiment.

Indonesia’s consumer confidence surged to 124 in November, signaling optimism and potential economic growth. This rise could boost spending, benefit businesses, and influence market dynamics in the coming year. – vtmarketsmy.com

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