Australian Dollar

Stories tagged “Australian Dollar.”

2 stories

Asia FX mixed ahead of U.S. PCE inflation; Aussie dollar gains on hot CPI

Asian currencies traded mixed on Wednesday as investors awaited key U.S. inflation data for clues on the Federal Reserve's policy path, while the Australian dollar strengthened after hotter-than-expected domestic inflation revived bets on another rate hike.

Asia FX: Aussie slides on soft CPI; won firms ahead of Fed decision

Jul 29investing.com

Asia FX: Aussie slides on soft CPI; won firms ahead of Fed decision

The U.S. dollar held near a one-month high on Wednesday, while Asian currencies traded in narrow ranges ahead of the Federal Reserve’s interest-rate decision, with the Australian dollar among the biggest losers after softer-than-expected inflation data.