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AUD/USD plummets to 0.6970-65 area, lowest since July 2020 amid stronger USD/risk-off

FXStreet.com
 2022-01-28

Cover picture for the articleAUD/USD extended its recent downfall and dived to the lowest level since July 2020 on Friday. The Fed's hawkish stance, elevated US bond yields underpinned the USD and exerted pressure. The risk-off mood further contributed to driving flows away from the perceived riskier aussie. The AUD/USD pair continued losing...

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