During New York afternoon trading on Wednesday, the Australian dollar advanced further against the US currency.
The Aussie appreciated by 0.75 percent to a 2-day high of 1.0499 versus the greenback as of 12:30 pm ET from previous session's low of 1.0432. The pair closed yesterday's North American session at 1.0459. The Aussie-greenback pair is presently worth 1.0493 with 1.0508 seen as the next likely resistance level.
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Forex News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.