The Australian dollar against the US dollar had another week of back and forth movement. The AUD/USD pair continued to chop around without a clear direction. Traders were uncertain and the pair struggled to find a strong trend. The Australian dollar faced pressure from various factors, leading to a lack of momentum in either direction. As a result, the pair remained range-bound throughout the week. Moving forward, traders will be closely watching for any developments that could potentially drive the Australian dollar in a specific direction.
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