AUD/USD plummets and reaches a fresh monthly low at 0.7235 on dismal sentiment and Fed commentary

The AUD/USD extends Thursday’s losses and plummets 130-pips as market mood deteriorates. Fed policymakers continued telegraphing a 50-bps rate hike in
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US Dollar Index reached a two-year-high at 101.331 on Fed policymakers comments

The US Dollar Index, a measurement of the greenback’s value against a basket of six currencies, finished the week on a higher note, gaining 0.62%, and
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