- Aussie showed signs of gaining strength or at least maintaining its current levels, largely due to the hawkish guidance by the RBA.
- Despite the falling trend in iron ore prices, the RBA's persistent hawkish stance is providing significant support to the Australian Dollar.
- The markets are now looking forward to Tuesday’s discourse on the last RBA meeting's minutes, which could influence the pair's future trajectory.
- With a weakened USD due to a quiet Monday session, the AUD/USD pair has the potential for further upside facilitated by the monetary policy difference.
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