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The Economic Times

Markets / The Economic Times

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Dollar holds gains on economic data, Fed bets; Aussie advances before RBA

On this Tuesday, the dollar is holding its ground, bolstered by encouraging US economic indicators and shifting perspectives on Federal Reserve policies. Fears of a potential government shutdown are taking a back seat. Meanwhile, the Australian dollar is on the rise in anticipation of an interest rate hike from its central bank. In contrast, the yen is experiencing a downturn.

3 Feb 2026 7:28 am