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Surprise RBA hike lifts aussie but Fed pause bets weigh on dollar

Surprise RBA hike lifts aussie but Fed pause bets weigh on dollar

Global Market Insights - Forex, Futures, Stocks

June 6, 20234m 35s

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Aussie jumps after RBA’s shock hike, loonie buoyed ahead of BoC decision. US dollar on the backfoot after disappointing ISM services PMI. Oil and stocks struggle amid economic and rate path uncertainty.

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