AUD/USD rose by 0.15% to 0.6520 in Tuesday's session.
Aussie climbed due to hawkish RBA Minutes, a weaker US Dollar, and hopes for Chinese economic stimulus.
RBA Board members indicated no "immediate need" to adjust the cash rate, leaving the door open for future changes.
The AUD/USD climbed by 0.15% to 0.6520 in Tuesday's Asian trading, driven by several factors. The hawkish Reserve Bank of Australia (RBA) Minutes provided support to the Australian Dollar, as did a weaker US Dollar and hopes for Chinese economic stimulus. The market's attention will now shift to upcoming mid-tier US economic data and speeches by Federal Reserve (Fed) officials, which could further influence the pair's movement.
The AUD/USD has rebounded as the US Dollar weakened, potentially aided by hawkish RBA sentiment. However, the Aussie faces challenges due to weak domestic and Chinese economic data.
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