The Australian Dollar increased against the US Dollar during European trading above 0.61450 levels.
The Australian Dollar had a slight increase against the US Dollar during the European trading session, and it is currently stable, maintaining its price. However, there will most likely be another interest rate cut from the Reserve Bank of Australia next month, so the Australian Dollar may see downward pressure. In Australia, there are no major data releases today. In the US, Consumer Inflation Expectations for December (3% last month) will be released (16:00 GMT).