Australian Dollar Slides Below 0.65 as Jobs Data Tempers Rate Cut Hopes
• AUD/USD falls below 0.6500 amid risk-aversion sentiment and strong US dollar • Upbeat US jobs data reduces expectations for a Fed rate cut in March • RBA expected to hold interest rates at 4.35% at Tuesday's policy meeting • Australian inflation easing due to cost-of-living crisis limits rate hike scope • US ISM Services PMI data awaited later today, seen improving to 52.0