The Australian Dollar (AUD) steadies following two days of gains on Monday as the US Dollar (USD) remains subdued following the Personal Consumption Expenditures Price Index (PCE) data from the United States (US) released on Friday.
The Australia n Dollar appreciates as US PCE data reinforced the likelihood of Fed adopting a gradual policy easing in 2025. The AUD receives downward pressure as the RBA may begin rate cuts in February. CME FedWatch tool suggests a more than 90% probability of the Fed keeping rates unchanged in January.
AUD/USD: Daily Chart Australian Dollar PRICE Today The table below shows the percentage change of Australian Dollar against listed major currencies today. Australian Dollar was the strongest against the US Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD -0.09% -0.14% -0.02% -0.11% -0.14% -0.09% 0.02% EUR 0.09% -0.07% 0.02% -0.04% 0.02% -0.02% 0.09% GBP 0.14% 0.07% 0.06% 0.04% 0.10% 0.07% 0.19% JPY 0.02% -0.02% -0.06% -0.04% -0.06% -0.05% 0.03% CAD 0.11% 0.04% -0.04% 0.04% 0.02% 0.01% 0.13% AUD 0.
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