The Australian Dollar (AUD) holds ground for the fourth consecutive day on Thursday.
The AUD/USD pair gains ground as the US Dollar (USD) remains subdued amid improved risk sentiment, following another shift in US President Donald Trump's tariff strategy.
The White House announced on Wednesday that President Trump is temporarily exempting automakers from newly imposed import tariffs on Mexico and Canada for one month.
Additionally, Trump is considering excluding certain agricultural products from tariffs on Canada and Mexico, according to a Bloomberg reporter on X late Wednesday.
Source: FXStreet