The Australian dollar trades at 0.6776 after gaining 24 pips (0.37%).
United States Consumer Price Index is next today at 13:30 UTC.
Meanwhile, Australia NAB Business Confidence (Nov) released today at 00:30 UTC with a figure of -4, while the previous figure was zero. Australia Westpac Consumer Sentiment (Dec) released yesterday at 23:30 UTC with a figure of three, while the previous figure was -6.9. United States Federal Budget Balance (Nov) came out at -249 billion, while a consensus of analysts was expecting -248 billion.
A look at other currencies also shows bullish price action as NZD/USD is up 0.35%.
At the same time, GBP/NZD withdraws 0.29% to trade around 1.9169. After ending yesterday's session at 1.5609, EUR/AUD lost 44 pips and is trading around 1.5564.
Also worthy of note, Australia Westpac Consumer Sentiment (Dec) scheduled to come out today at 23:30 UTC. Australia RBA Governor Lowe speech is scheduled for today at 22:30 UTC. United States Consumer Price Index figure is projected at 0.3%. It previously stood at 0.4%; data will be released today at 13:30 UTC.
As things stand, the Australian dollar is 8.65% away from a significant low of 0.6213 first set a month ago.