The Australian Dollar edged higher against the US Dollar during Asian trading above 0.6400 levels.
The AUD/USD currency pair was slightly higher following two days of losses after yesterday’s Australian Manufacturing data came in much stronger than expected, reducing the chances of rate cuts from the RBA in the near future. In Australia, there are no major data releases due to be scheduled today. In the US, S&P Global Manufacturing PMI for November (52.0 exp) and S&P Global Services PMI for November (54.6 exp) will be released (14:45 GMT).*
*The government shutdown has now concluded, but most US Government data will still be delayed. Non government US data will be released as normal.