Economic data

Australian Dollar recovers as US election fallout overshadows dovish RBA signals

FXStreet4 November 2026, 15:48 UTCAustralia

AUD/USD edges higher on Wednesday as the US midterm election outcome weighs on the US Dollar (USD), helping the Australian Dollar (AUD) recover from the two-week lows reached following the Reserve Bank of Australia’s (RBA) dovish interest rate hike on Tuesday.

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