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fxJun 16, 2026, 4:52 AM

Australian Dollar Holds Losses Following RBA Decision

AUD/USD trades around 0.7050 during Asian hours, struggling to recover after the Reserve Bank of Australia's latest monetary policy decision.

AUDUSD

The Australian Dollar remains under pressure in early Asian trading, with AUD/USD hovering near 0.7050. The pair gave back gains from the previous session as the market digests the Reserve Bank of Australia's latest policy announcement.

Traders are weighing the implications of the RBA's decision, which has kept the Aussie on the defensive. The currency is failing to attract meaningful buying interest, keeping the pair subdued in a narrow range.

Further direction may depend on upcoming economic data and any additional commentary from RBA officials.

Source: FXStreet Forex News