A slow down? After three days of going up, the Australian dollar is flat today, hovering around 0.7105.

Published: January 26 2023, 07:10 GMT+0

A slow down? After three days of going up, the Australian dollar is flat today, hovering around 0.7105.

Although AUD/USD ended yesterday strong and rose from 0.711 to 0.7129, it dropped back today and is now priced at 0.7105.

The Australian dollar has gained 4.53% since its lowest print of 0.6213 earlier this year.

Though the Australian dollar has been dropping, other pairs have been performing better: USD/CAD is up 0.19% to 1.3404.

Mixed performances are seen by currencies as USD/SGD moves 0.1% to trade around 1.3116. GBP/USD trades with no major change, around 1.239.

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