Australian Dollar Weakens on Dovish RBA Minutes and Rising Current Account Deficit

Australian Dollar Weakens on Dovish RBA Minutes and Rising Current Account Deficit

The Australian dollar faced renewed selling pressure on Tuesday following the release of *dovish RBA minutes, a **wider-than-expected current account deficit, and *muted retail sales growth for January. At the same time, the Japanese yen strengthened as safe-haven demand surged, adding further weight to AUD/JPY and influencing broader forex sentiment. Key Developments Impacting the Australian […]