Australian dollar peaking before RBA meeting – MacroBusiness

The Australian dollar has been on fire since the US presidential election and the announcement of some successful COVID vaccines, having breached 74 cents against USD and matching its August highs:
This has been a long road of recovery for the Pacific Peso, having dropped from circa 70 cents to the low 50’s before matching the rise of equity markets and now past those pre-pandemic highs:
But it’s not just the Aussie, with Kiwi, Pound Sterling and Euro all embiggened by the “turning ’round the corner”…

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