Australian Dollar futures gained as RBA held firm on inflation.

In today's FX markets, Australian Dollar futures exhibited upward price action and relative strength against other major currencies. Trading near the 0.7176 level and up approximately 0.25%, the currency approached recent four-year highs. This strength was primarily driven by the Reserve Bank of Australia maintaining a vigilant stance on persistent inflationary pressures. The central bank emphasized its commitment to combating inflation, setting the tone ahead of upcoming economic data releases. Meanwhile, broader FX futures markets remained relatively quiet, with mixed price action seeing Euro and Japanese Yen futures slightly lower, while British Pound futures edged slightly higher.