AUD/USD advances on improved risk sentiment and the impact of Japanese intervention on the US Dollar.
US economic data shows a slight decline in the Dallas Fed Manufacturing Index.
The Federal Reserve’s is expected to maintain current interest rates on May 1.
Upcoming Australian Retail Sales and China's PMI data could further influence AUD/USD movements.
The Aussie Dollar registered solid gains against the US Dollar on Monday, edged up by 0.55% on an improvement in risk appetite, while the Greenback was crushed by Japanese authorities' intervention. As Tuesday’s Asian session begins, the AUD/USD trades at 0.6564, virtually unchanged.