AUD/USD hits highest since October as speculation of a hawkish RBA builds

The Australian Dollar extends gains against the US Dollar on Thursday as markets scale back expectations of additional rate cuts by the Reserve Bank of Australia (RBA). At the time of writing, AUD/USD is trading around 0.6622, its strongest level since October 7.
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EUR/USD softens after eight-day rally ahead of key US PCE and Eurozone data

The Euro (EUR) trades slightly lower against the US Dollar (USD) on Mondayweighed down by a modest uptick in the Greenback. At the time of writing, the pair is hovering near 1.1659, snapping an eight-day winning streak after briefly climbing to its highest level since October 17 earlier in the day.
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