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Forex

AUD Trades Flat Amid Middle East Tensions and Hawkish Bets

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AUD
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The Australian Dollar traded flat on Monday, remaining unchanged at 0.7165 despite a surge in energy prices due to the Middle East conflict.

This increase in oil prices pushed US Treasury yields higher, but not the value of the Greenback.

Market participants are awaiting a busy US economic calendar this week, including key data releases that could impact the AUD/USD exchange rate.

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