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.
The Australian Dollar is tipped to outperform in the coming months, helped by a 'hawkish' Reserve Bank of Australia (RBA) say analysts.
The Reserve Bank of Australia (RBA) is tipped to cut rates just once more in 2025, says Standard Chartered FX and Macro Strategist Nicholas Chia.
The Australian Dollar saw some volatile swings after the Reserve Bank of Australia (RBA) cut interest rates by 25 basis points to 4.10%.