The Australian Dollar rallied significantly during Tuesday's session, as Australian Dollar futures gained over 1% to reach their highest levels since June 2022. The currency pair moved past previous February highs, trading near 0.67145 as upward momentum continued for a third consecutive session. Key drivers for the move included stronger-than-anticipated economic data from China and positive consumer sentiment data from Australia. Additionally, a hawkish stance from the RBA provided further support for the currency. While the australian dollar was a notable outlier in the FX quadrant, price action across other major FX futures markets remained relatively quiet and unchanged.
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