United States dollar rally stops briefly before tasks information, Aussie droops on RBA outlook
By Kevin Buckland TOKYO (Reuters) - The dollar hovered near a three-month peak on Wednesday in a huge week for macroeconomic information that might expose the course for U.S. financial policy. The Australian dollar edged better to a three-month trough after some stickiness in inflation recommended a Reserve Bank of Australia rate of interest cut is not likely this year. Combined U.S. indications overnight, revealing a loosening up U.S. tasks market however a positive customer, offered little clearness on the outlook for Federal Reserve alleviating, permitting the greenback to wander lower with Treasury yields on Tuesday following a strong seven-year note auction. Just recently however, financial readings have actually indicated a durable economy, especially for work, stimulating a paring b...