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fxJul 28, 2026, 2:12 AM

Australian Dollar Edges Higher Ahead of RBA Governor’s Speech

AUD/USD rose to around 0.6990 in Asian trading on Tuesday, recovering from earlier losses as markets awaited a speech by Reserve Bank of Australia Governor Michele Bullock.

AUDUSD

The Australian dollar moved higher against the US dollar on Tuesday, reversing early-session declines. AUD/USD was last seen near the 0.6990 handle during Asian hours, as markets positioned ahead of a scheduled speech by RBA Governor Michele Bullock.

Traders will be parsing Bullock’s remarks for any signals on the future path of Australian interest rates. The central bank’s communication has been a key driver for the Aussie in recent weeks.

The pair had dipped in earlier trade but recovered to trade in positive territory. Further volatility could emerge once the speech begins.

Source: FXStreet Forex News