ForexAug 11, 2026, 2:16 AM

AUD/USD Steadies Near 0.7060 Ahead of RBA Decision

The Australian dollar held ground on Tuesday, trading around 0.7060 as markets awaited the Reserve Bank of Australia’s rate decision.

AUDUSD

AUD/USD regained poise during Asian trading after posting modest losses on Monday. The pair was changing hands near 0.7060, supported by a firmer tone in the Australian dollar.

Traders are focused on the upcoming Reserve Bank of Australia policy announcement, which is widely expected to shape near-term direction. Positioning remains cautious ahead of the decision.

Source: FXStreet Forex News

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