AUD/USD PRICE ANALYSIS: BEARS COULD BE ABOUT TO POUNCE

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The Australian dollar traded around 30 pips on either side of around 0.67 the figure vs. the greenback on Friday and ended the month little changed, in a period marked by constantly shifting outlooks for interest rates and the banking sector globally.

Meanwhile, easing domestic inflationary pressures leave a question mark over the Reserve Bank of Australia´s interest rate meeting this week. The RBA stated in its latest minutes it would reconsider the case for a pause at the April fixing to reassess the economic outlook.

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