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Aussie Dollar Skyrockets, Homeowners Brace
The Australian dollar strengthened amid a weaker US dollar and gold soared over 3% to US$5,181/oz due to central bank buying and rising investor demand.
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Aussie dollar jumps to three-year high of 70 US cents as gold prices hit new record
The Australian dollar has climbed to its highest level since February 2023 ahead of the latest ABS inflation data, which could further increase the odds of the Reserve Bank lifting interest rates at its policy meeting next week. Follow live.
·Australia
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Leaning Left1Leaning Right1Center0Last UpdatedBias Distribution50% Left, 50% Right
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
50% Right
L 50%
R 50%
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