AUD/USD marginally down at 0.6550 after Fed reiterates hesitancy on rate cuts amid inflation concerns.
US 10-year Treasury yields rise, while the DXY dips slightly, reflecting the Fed's cautious outlook.
Mixed Australian PMI data shows services growth but manufacturing contraction, complicating RBA's policy path.
The Australian Dollar posted minuscule gains on Wednesday against the US Dollar, after the release of the Federal Reserve’s January meeting minutes emphasized policymakers remain hesitant to begin to ease policy. Therefore, the AUD/USD exchanges hands at 0.6550, down by 0.02% as the Asian session begins
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