Bullish sentiment helps propel the Australian dollar to 0.61% gain

Published: March 19 2023, 18:10 GMT+0

Bullish sentiment helps propel the Australian dollar to 0.61% gain

Friday at a glance: AUD/USD rose 42 pips to close at 0.67 Friday which makes for a move of 0.61%.

While the Australian dollar is up today, these currencies are lagging behind: USD/JPY drops 1.33% Friday and closed at 133.59. USD/SGD dips 0.44% Friday and closed at 1.3456. EUR/NZD lost 0.75% Friday and closed at 1.7137.

Also worthy of note, Australia RBA Assist Gov Kent speech will be released today at 22:10 UTC.

The currency pair has been trending lower for about 28 days. As things stand, the Australian dollar is 7.15% away from a significant low of 0.6213 first set 5 months ago.

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