The Australian dollar inched higher in a narrow range on Tuesday as global investors await the latest thinking on interest rates from the US Federal Reserve.
Local data on Tuesday reinforced thinking that Australia's central bank won't be in any hurry to increase its 5.25 percent cash rate.
The Aussie was trading at $0.7366/71, compared with $0.7331/36 late on Monday and about a cent off last week's three-month low of $0.7255.
Comments
Comments are closed.