How much did the AUDUSD increase on Monday November 27?

The AUDUSD increased 0.0024 or 0.37% to 0.6606 on Monday November 27 from 0.6582 in the previous trading session. Australian Dollar - values, historical data, forecasts and news - updated on November of 2023.

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What is the difference between AUDUSD spot exchange rate and forward rate?

While the AUDUSD spot exchange rate is quoted and exchanged in the same day, the AUDUSD forward rate is quoted today but for delivery and payment on a specific future date. The AUDUSD increased 0.0024 or 0.37% to 0.6606 on Monday November 27 from 0.6582 in the previous trading session.

Why did the Australian dollar rise?

The Australian dollar rose to above $0.655, hovering near its highest levels in over three months as Reserve Bank of Australia Governor Michele Bullock warned that domestic demand has been contributing increasingly to inflation, requiring a “substantial” response from interest rates.