Australian Dollar rebounds amid higher domestic equity market, firmer US Dollar

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The Australian Dollar (AUD) recovers intraday losses and moves into positive territory on Monday, likely influenced by gains in the domestic equity market.

Australia n Dollar moves higher after recovering daily losses amid a stronger ASX 200 Index. Australia ’s equity market strengthens following Friday's gains on Wall Street. US Dollar gained ground on the reduced likelihood of a Fed rate cut in June. US Nonfarm Payrolls added 303,000 new jobs in March, surpassing the anticipated 200,000 jobs. The Australia n Dollar recovers intraday losses and moves into positive territory on Monday, likely influenced by gains in the domestic equity market.

AUD/USD: Daily Chart Australian Dollar price today The table below shows the percentage change of Australian Dollar against listed major currencies today. Australian Dollar was the strongest against the Japanese Yen. USD EUR GBP CAD AUD JPY NZD CHF USD -0.10% -0.12% -0.12% -0.23% 0.04% -0.19% -0.04% EUR 0.10% 0.00% -0.01% -0.11% 0.15% -0.07% 0.06% GBP 0.11% 0.01% -0.01% -0.12% 0.15% -0.08% 0.07% CAD 0.11% 0.00% 0.00% -0.11% 0.16% -0.07% 0.07% AUD 0.23% 0.11% 0.11% 0.10% 0.26% 0.04% 0.17% JPY -0.

Source: News Formal (newsformal.com)

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