Australian dollar

The Australian dollar strengthened against other major currencies in the Asian session on Wednesday, as investor sentiment improved after data showed a drop ...

Against the yen and the euro, the aussie edged higher to 90.00 and 1.6028 from yesterday's closing quotes of 89.68 and 1.6054, respectively. In the Asian session today, the Australian dollar rose to 2-day highs of 0.6711 against the U.S. Data from the U.S. The rate came in line with expectations. The assurance from the U.S. regulators that there won't be a relapse of the financial crisis from 15 years ago following the collapse of U.S. Labor Department showed on Tuesday that the nation's consumer price index rose by 0.4 percent in February after climbing 0.5 percent in January. EIA crude oil inventories data are slated for release. consumer prices in February, allaying fears of an accelerated rate hike from the U.S. The Australian dollar strengthened against other major currencies in the Asian session on Wednesday, as investor sentiment improved after data showed a drop in U.S. In the New York session, U.S. Production was forecast to grow 2.6 percent.