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News 2026-09-29 08:34 UTC

MUFG: The AUD

The Australian dollar has softened overnight falling back below the 0.7000-level against the US dollar. The pair is currently testing important levels at around the 0.7000-level where the 200-day moving average is also located at close to 0.7030. It has held above the 200-day moving average since November of last year.