US Dollar Rally Pauses Before Jobs Data, Aussie Droops on RBA Outlook

RATE DOLLAR - TOKYO. The dollar hovered close to a three-month peak on Wednesday in a big week for macroeconomic data that could reveal the path for U.S. monetary policy.

The Australian dollar edged closer to a three-month trough after some stickiness in inflation suggested a Reserve Bank of Australia interest rate cut is unlikely this year.