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On December 18, 2024, concerns arose that the Australian dollar (AUD) might decline further beyond 63.5 US cents. The AUD/USD exchange rate forecast was uncertain as to whether the Aussie could rebound. Traders sought tips for navigating this market. Additionally, the AUD hit a two-year low, causing Australian shares to slip by 1.7 percent. These developments were reported in financial news, highlighting the volatility and uncertainty surrounding the Australian currency and its impact on the local stock market.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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