![AUD/USD ends week lower, pressured by RBA’s stance and Powell’s hawkish posture AUD/USD ends week lower, pressured by RBA’s stance and Powell’s hawkish posture](https://shmi.ir/wp-content/uploads/2023/11/AUDUSD-ends-week-lower-pressured-by-RBAs-stance-and-Powells-150x203.jpg)
[ad_1] Share: AUD/USD declined 0.12% for the day, marking a significant weekly drop from 0.6522 to 0.6338. The RBA’s 25 bps rate hike under new Governor Michele Bullock’s leadership fails to provide a bullish impetus for the Aussie. Jerome Powell’s hawkish tone on US monetary policy adds to the AUD’s woes, with China’s