Australian Dollar Drops as Unemployment Hits Four-Year High
The Australian dollar fell below $0.650 after a government report showed the nation's unemployment rate rose to a near four-year high of 4.5%.
#Australian Dollar#Forex#RBA
#Oceania
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Australian Dollar Gains After RBA Signals Inflation May Exceed Forecasts
The Australian dollar rose to $0.650 after a top RBA official signaled that third-quarter inflation might be higher than expected, causing markets to lower bets on near-term rate cuts.
#Australian Dollar#RBA#Monetary Policy