AUD/USD posts modest gains near two-week highs around 0.6630, US CPI data looms
The AUD/USD pair posts modest gains near two-week highs of around 0.6630 on Wednesday during the early Asian training hours.
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The AUD/USD pair posts modest gains near two-week highs of around 0.6630 on Wednesday during the early Asian training hours.
The Australian Dollar (AUD) attempts to extend gains for the third consecutive session on Wednesday.
AUD/USD is trading in the 0.6620s on Wednesday, ahead of key US data.
The strong resumption of the bid bias in the US Dollar (USD) prompted an equally marked retracement in the Aussie dollar and the rest of its risk-related peers, pushing AUD/USD to multi-session lows near 0.6500 on Wednesday.
Another irresolute session in the US Dollar (USD) helped to sustain the robust recovery in AUD/USD, prompting the pair to extend further its recent breakout of the 0.6600 yardstick and advance to the vicinity of 0.6650.