The Australian Dollar (AUD) edges lower as the US Dollar (USD) advances further following the recent US Initial Jobless Claims, which eased in the previous week.
The Australia n Dollar appreciates as the RBA is widely expected to adopt a hawkish stance on its policy outlook. RBA's Bullock emphasizes to remain cautious regarding inflation risks and expressed readiness to raise rates if necessary. CME FedWatch tool suggests 100% odds of a 25-basis point Fed rate cut in September. The Australia n Dollar edges lower as the US Dollar advances further following the recent US Initial Jobless Claims, which eased in the previous week.
6610 level. A breakthrough above this level could lead the AUD/USD pair to explore the region again around a six-month high of 0.6798. AUD/USD: Daily Chart Australian Dollar PRICE Today The table below shows the percentage change of Australian Dollar against listed major currencies today. Australian Dollar was the strongest against the Euro. USD EUR GBP JPY CAD AUD NZD CHF USD 0.00% -0.03% -0.06% -0.02% -0.03% -0.17% -0.08% EUR -0.01% -0.02% -0.02% -0.02% -0.03% -0.17% -0.08% GBP 0.03% 0.02% -0.
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