Australian Dollar Climbs as Fed’s Williams Brakes Rate Outlook
AUD/USD rose more than 0.34% on Tuesday as Fed commentary and mixed US data kept markets quiet.
AUDUSD
The Australian dollar advanced more than 0.34% against the US dollar on Tuesday. Trading was subdued, with little major news flow and mixed US economic data.
Comments from Fed’s Williams suggested a more cautious stance on interest rates, supporting the Aussie’s move. Meanwhile, ongoing hostilities in the Middle East remained in the background.
AUD/USD held its gains into the session, though no closing level was provided in the source.
Source: FXStreet Forex News