Australian Dollar futures traded higher for a fourth consecutive session, reaching 0.67 and marking the highest level in 14 months. The rally was primarily driven by a hawkish tone in the RBA minutes, which revealed concerns regarding persistent inflation and the potential necessity for rate hikes. Buying pressure was further supported by general U.S. dollar weakness, with the New Zealand dollar, Japanese yen, British pound, and Euro futures all posting gains. The Australian and New Zealand dollars stood out as the strongest performers in the FX quadrant during the session.
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