AUD/USD weakens toward 0.6500 as US Dollar gains despite soft PPI

  • The Australian Dollar (AUD) extends its losing streak against the US Dollar (USD) for the fourth consecutive session on Wednesday, weighed down by renewed strength in the Greenback. The US Dollar is edging higher despite softer-than-expected US Producer Price Index (PPI) data, as traders remain cautious amid persistent inflation concerns and escalating tariff threats from the United States.