The AUDUSD pair came under some renewed selling pressure on Tuesday and eroded a part of the previous session's goodish intraday up-move.
Earlier today, Australian dollar rises to 0.6778 after the RBA released its monetary policy minutes.
Australian dollar rises sharply in the Australian trading session as the AUDUSD pair reached a high of 0.6787.
The Australian dollar dropped sharply to a low of 0.6975 after Donald Trump announced the new tariff threat.
In the Asian session, positive data from China and Australia saw the AUDUSD pair move slightly higher above 0.6827.
Australian dollar rises to a high of 0.6892 after the country reported better-than-expected inflation numbers for the second quarter.
Australian dollar rises after Chinese positive data