Forecast for AUD/USD on June 5, 2024

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05.06.2024 05:33 AM

AUD/USDYesterday, the Australian dollar's decline was no weaker than its rise on Monday, and it happened while trading volumes were high. This morning, Australia released reports on the Ai Group Manufacturing Index for May, which plummeted from -13.9 to -31.1, and the Ai Group Construction Index, which fell sharply to -68.1 from -25.6 – the worst value in its history.Even at the height of the mortgage crisis in 2008/9, the weakest reading was 29.5. The price will likely break the

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