Australian PM Morrison signals budget measures to counter soaring fuel prices Australia FiscalPolicy Oil AUDUSD Ukraine
Key quotes
“We’ve been carefully considering our response to ensure that we can deliver a budget that both addresses those immediate needs but also ensures that we continue on with our strong economic plan for a stronger economy.”AUD/USD is easing off two-week highs of 0.7425, as traders remain cautious amid looming Russia-Ukraine risks. The spot is currently trading at 0.7406, down 0.11% on the day.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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