AUD/USD prints a fresh seven-week low at 0.6700 as Fed’s battle against US inflation brawls – by Sagar_Dua24 AUDUSD Fed RBA Inflation GDP
. Investors are favoring investment in the USD Index to dodge volatility inspired by a revival in consumer spending in the United States and escalating geopolitical tensions.
United States National Security Advisor Jake Sullivan said on CNN’s “State of the Union,” China’s stance on the Russian invasion of Ukraine puts it in an “awkward” position internationally and any weapons support to Russia would come with “real costs.”
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