The US dollar rose slightly, while the Australian dollar strengthened due to expectations of interest rate hikes.
2026-08-26 19:53:15
According to CoinMeta, and as reported by Reuters, the US dollar rose slightly on Wednesday, but still remained within a range of fluctuations among major currencies as investors awaited US inflation data that could affect the market. The Australian dollar performed exceptionally well, reaching its highest point in three months at 0.71865 US dollars, as data showed that Australia's core CPI annual growth rate exceeded expectations at 3.6%. Analysts said that since there are no signs of underlying inflation slowing down, the Australian Central Bank may raise interest rates again in the coming months. The US dollar rose 0.1% to 158.95 yen against the Japanese yen and 0.2% to 1.387 Canadian dollars, continuing its upward trend for the third consecutive day.
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Source:Internet
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