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fxAug 19, 2026, 3:35 AM

Aussie Dollar Weakens Despite RBA Deputy's Hawkish Inflation Remarks

AUD/USD slips for a second straight session to around 0.7080, even as RBA Deputy Governor Andrew Hauser stresses that inflation remains unacceptably high.

AUDUSD

AUD/USD extended its decline for a second consecutive day during Asian trading on Wednesday, changing hands near 0.7080.

The move lower came despite hawkish-sounding remarks from Reserve Bank of Australia Deputy Governor Andrew Hauser. He emphasized that inflation remains unacceptably high in the broader economic backdrop.

The Australian dollar's slide suggests traders are focusing on other factors, with the pair unable to hold gains even as RBA commentary points to persistent inflation concerns.

Source: FXStreet Forex News