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Published: 2024-12-18T02:24:53.000Z

AUD/USD flows: New Yearly Low

byCephas Kin Long Yung

FX Analyst
2

Australian government forecasts higher debt

The Australian government is forecasting higher debit, 23 billion worse than May at 117billion Aussie. It cited health, cost of living relief as one of the reasons for such revision.

The Aussie seems to have been weighed on this and see it dropping to new yearly low against the USD at 0.6325, down 0.16% for the session.

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Topics
Foreign Exchange
Flows
AUD/USD-Commentary

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