AUD/USD flows: RBA Holds

RBA Governor Bullock says don't expect to be back in 2-3% target range until end of 2025 and don't see interest rates coming down quickly. The hawkish comment has pushed the Aussie higher as it reassures the market they are unlikely to see any early easing. Regional and U.S. three major equities indexes are trading higher, except Japanese equities.

AUD/USD is trading 0.57% higher at 0.6557.