The Australian dollar (AUD/USD) holds key support at 0.6515 ahead of the RBA meeting as traders eye a possible pause in rate cuts. Hotter inflation and stronger services PMI data suggest the RBA may turn less dovish, boosting near-term AUD strength. A breakout above 0.6560 could extend gains toward 0.6620, while a drop below 0.6515 risks renewed downside momentum.
04-11-2025 02:20 GMT
by Kelvin Wong