Australian Dollar pulls back from weekly high as USD rebounds – FXStreet

The Australian Dollar has retreated from its weekly high as the US Dollar rebounds. The currency pair experienced a pullback as the USD strengthened. This movement comes after the Australian Dollar reached a peak earlier in the week. The FXStreet reported on this development, highlighting the fluctuation in the currency market. The Australian Dollar’s retreat is a result of the US Dollar gaining momentum in trading. Investors are closely monitoring these changes in the foreign exchange market.