The AUD/USD pair remained stable near the 0.6400 mark as market participants focused on the upcoming Reserve Bank of Australia (RBA) rate decision. The Australian dollar maintained positive momentum following recent signs of resilience in the domestic economy, coupled with cautious sentiment in the lead-up to the central bank’s announcement.
Traders are closely monitoring whether the RBA will maintain its current policy stance or signal further tightening. Speculation over interest rates has been fueled by mixed economic data, including persistent inflation pressures and a slowing housing market. The pair’s performance has been supported by modest demand for risk assets, though broader dollar strength continues to cap gains.
