Aug 28, 2025
AUD/USD extends upside above 0.6500 as RBA rate cut hopes fade
The AUD/USD pair extends the rally to near 0.6505 during the early Asian session on Thursday. The Australian Dollar (AUD) edges higher against the US Dollar (USD) as hotter-than-expected Australian inflation data dents bets on the Reserve Bank of Australia (RBA) rate cut.
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