AUD/USD Holds Positive Ground Above 0.6650 As Weaker US Retail Sales Data Boosts Fed Rate Cuts Chance
June 18, 2024 at 21:55 PM EDT
The AUD/USD gains traction near 0.6660 during the trading hours on Wednesday. The pair edges higher after the weaker-than-expected US Retail Sales data and hawkish hold from the Reserve Bank of Australia (RBA) at its June meeting on Tuesday.