Aussie rises amid US-China trade optimism

The Australian dollar rose against the greenback today, as the trade hopes spurred the investors' appetite on risky assets instead of safe havens, amid a widespread relief after President Trump's remarks.

The markets are anticipating the US Fed meeting tomorrow, and will continue to Wednesday, amid strong bets for this meeting to result in the third rate cut during this year.

Additionally, the US Department of Labor will release its monthly jobs report on Friday, which provides insight on the US labor market statues.

President Trump said today that there is more progress in trade negotiations with China, noting that much of the final deal could be concluded soon.

President Trump confirmed today that progress is being made in the trade talks, citing that there's a big chance to secure a final trade deal very soon.

AUD/USD rose by 0.2% to 0.6839 as of 16:28 GMT, with an intraday high of 0.684 and a low of 0.681.