The Australian Dollar's 2025 spell of outperformance could extend through March.
The Australian Dollar was softer after monthly inflation data from Australia was lower than expected in January.
The British Pound retains a soft directional bias against the Australian Dollar, with 2025 being characterised by selloffs interspersed with tepid bouts of consolidation.
The Australian Dollar advanced against most peers in the wake of news that the U.S. was open to striking a new trade deal with China, further diminishing the risks of a damaging trade war.