Australian Dollar Rises on Strong Inflation Figures, Asian Currencies Edge Lower as U.S. Dollar Rebounds.
Facebook LinkedIn On Wednesday, most Asian currencies slipped as the U.S. dollar continued to recover from its recent losses, while the Australian dollar emerged as a notable exception, buoyed by stronger-than-expected inflation data that reinforced the case for a hawkish Reserve Bank of Australia (RBA). Despite the U.S. dollar’s recovery, the decline in Asian currencies […]