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AUD/USD STAYS STEADY AS TRADERS DIGEST RBA DECISION, EYES ON FED MEETING

ia7145
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  • AUD/USD steady post-RBA's dovish stance and static rates.
  • US housing data boosts optimism pre-FOMC decision.
  • Fed policy update awaited, with eyes on interest rate forecasts.

The Australian Dollar begins Wednesday’s Asian session virtually unchanged against the US Dollar,  following Tuesday’s loss of 0.41%, after the Reserve Bank of Australia (RBA) decision. The RBA kept rates unchanged, tilting more dovish than expected. That said, the AUD/USD trades at 0.6532, almost flat.


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