US Dollar Holds Near Three-Week Low as Aussie Hits Three-Week High
The dollar hovered near a three-week low while the Australian dollar reached a three-week high against the greenback. Traders assessed Middle East developments and the Reserve Bank of Australia's hawkish stance.
The US dollar hovered near a three-week low on Wednesday as traders assessed developments in the Middle East after the conflict burnished the currency's appeal as a safe haven amid oil-driven inflation worries.The Australian dollar reached a three-week high against the greenback. Reserve Bank of Au…