Australian Dollar declines due to increased risk aversion, awaits US Services PMI – FXStreet

The Australian Dollar has experienced a decline recently as a result of heightened risk aversion in the market. Investors are becoming more cautious, leading to a decrease in demand for the Aussie currency. The Australian Dollar is now awaiting the release of the US Services PMI data, which will provide further insight into the health of the US economy. Traders are closely monitoring this data as it could potentially impact the performance of the Australian Dollar in the near future.

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