The Australian Dollar (AUD) edges higher on Wednesday, possibly supported by the hawkish sentiment surrounding the Reserve Bank of Australia (RBA) to maintain higher rates this year.
The Australia n Dollar gains ground as the RBA is expected to keep higher rates for longer. The Australia n Dollar may limit its upside due to softer-than-expected inflation data from its trade partner, China. The US Dollar remains strong as the Fed is expected to keep rates steady in the range of 5.25%-5.50% on Wednesday. The Australia n Dollar edges higher on Wednesday, possibly supported by the hawkish sentiment surrounding the Reserve Bank of Australia to maintain higher rates this year.
6690, followed by the psychological level of 0.6700 and May’s high of 0.6714. AUD/USD: Daily Chart Australian Dollar price today The table below shows the percentage change of the Australian Dollar against listed major currencies today. The Australian Dollar was the strongest against the Japanese Yen. USD EUR GBP CAD AUD JPY NZD CHF USD -0.02% -0.01% -0.01% -0.07% 0.05% 0.01% -0.01% EUR 0.01% 0.01% -0.01% -0.05% 0.07% 0.02% 0.00% GBP 0.01% -0.01% -0.02% -0.07% 0.06% 0.01% -0.01% CAD 0.03% 0.
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