Australian Dollar grapples to extend gains ahead of US CPI

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Australian Dollar grapples to extend gains ahead of US CPI
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The Australian Dollar (AUD) attempts to extend gains for the third consecutive session on Wednesday.

Australia n Dollar marked to four-week high at 0.6644 on Tuesday. Australia n currency strengthens on investors' doubts surrounding the RBA’s rate cuts in 2024. US Dollar receives downward pressure ahead of US CPI and FOMC minutes. The Australia n Dollar attempts to extend gains for the third consecutive session on Wednesday. The AUD/USD pair reached to four-week high at 0.

17% 0.01% 0.13% 0.12% AUD -0.16% -0.11% -0.08% -0.17% -0.16% -0.04% -0.04% JPY 0.00% 0.06% 0.07% -0.02% 0.17% 0.14% 0.11% NZD -0.13% -0.08% -0.07% -0.14% 0.03% -0.14% -0.03% CHF -0.11% -0.05% -0.05% -0.11% 0.05% -0.11% 0.02% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row.

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