The post AUD/USD nosedives to near 0.6050 as RBA dovish bets swell dramatically appeared on BitcoinEthereumNews.com.

AUD/USD falls like there is no tomorrow due to a significant acceleration in RBA dovish bets. The RBA is expected to cut its Official Cash Rate (OCR) in all three next policy meetings. US NFP data for March has come in at 228K, beating estimates of 135K. The AUD/USD pair tanks more than 3.5% below 0.6100 during early North American trading hours on Friday. The Aussie pair plummets like a house of cards as the new suite of tariffs by United States (US) President Donald Trump has prompted market expectations for the Reserve Bank of Australia (RBA) to cut interest rates aggressively this year. The pair has made an intraday low of 0.6049, the lowest level seen in almost five years. Australian Dollar PRICE Today The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies today. Australian Dollar was the strongest against the New Zealand Dollar.   USD EUR GBP JPY CAD AUD NZD CHF USD   0.15% 0.64% -0.44% 0.85% 3.49% 2.66% -0.89% EUR -0.15%   0.54% -0.58% 0.75% 3.34% 2.55% -0.98% GBP -0.64% -0.54%   -1.10% 0.21% 2.82% 2.02% -1.52% JPY 0.44% 0.58% 1.10%   1.36% 3.99% 3.10% -0.39% CAD -0.85% -0.75% -0.21% -1.36%   2.56% 1.76% -1.72% AUD -3.49% -3.34% -2.82% -3.99% -2.56%   -0.78% -4.22% NZD -2.66% -2.55% -2.02% -3.10% -1.76% 0.78%   -3.46% CHF 0.89% 0.98% 1.52% 0.39% 1.72% 4.22% 3.46%   The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Australian Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent AUD (base)/USD (quote). Analysts at ANZ…

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Filed under: News - @ April 4, 2025 2:25 pm