The dollar exchange rate has approached its maximum over three months on average, indicating that the data is saturated with relatively macroeconomic indicators that can reveal the path of American monetary credit policy. The Australian dollar has fallen to its lowest level in three months following a hint of some strain in inflation, which may indicate that the Reserve Bank of Australia does not plan to lower interest rates this year. The dollar index, which measures the performance of the American currency against a basket of six major currencies, settled at 104.28 after reaching a maximum of 104.63 on Tuesday, before the day ended without changes. The Australian dollar dropped to 0.6537 dollars for the first time since August 8, prior to a drop of 0.27% to 0.6542 dollars.
