The Australian dollar inched lower Monday, as the currency steadies following the volatility last week due to weakened Chinese yuan.
Investors will be awaiting the minutes of the Federal Reserve’s meeting due Wednesday to know if the central bank is inclined to raise interest rates next month.
The Aussie ended at 66.44 euro cents from Friday’s 66.17 euro cents, 73.72 US cents from 73.87 US cents, and 47.11 British pence from 47.32 British pence.
Meanwhile, the Reserve Bank of Australia is scheduled to release the minutes of its board meeting Tuesday.
The material has been provided by InstaForex Company – www.instaforex.com