The Australian Dollar (AUD) hovers around a psychological level at 0.6600 on Monday amid market uncertainty driven by discussions between the United States (US) and the United Kingdom (UK) on intensifying actions against Iran-backed Houthi terrorists in Yemen.
Commodity market participants will closely watch the ECB s monetary policy decision, particularly after some members of the Governing Council pushed back against aggressive easing calls, acknowledging potential upside risks to inflation.