Investing.com - The Aussie rebounded in Asia on Wednesday in a light data day regionally after a consumer survey lifted the currency.
AUD/USD traded at 0.7042, down 0.17%, while USD/JPY changed hands at 123.11, down 0.04%.
In Australia, the Westpac consumer sentiment survey gained 3.9 points to 101.7, pointing to the Reserve Bank of Australia's forecast for household consumption to rise above average from 2016.
"There is little chance of a rate cut in December," Westpac chief economist Bill Evans said of the survey results.
"The real issue is whether the bank will eventually act to cut rates next year - as confidently expected by the market. It is our current view that the growth dynamics of the Australian economy will remain sufficiently supportive through 2016 to ensure steady rates. The lift in spending expectations and confidence around the employment outlook from the survey point in that direction."
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was quoted flat at 99.27.
Overnight, the dollar remained at seven-month highs against the other major currencies on Tuesday, as growing expectations for a December rate hike by the Federal Reserve continued to lend broad support to the greenback.
The greenback remained supported after the Labor Department reported on Friday that the U.S. economy added 271,000 jobs last month, well ahead of the 180,000 expected by economists and the largest increase since December.
The unemployment rate fell to a seven-and-a-half year low of 5.0%.
The strong data paved the way for the Fed to raise interest rates at its December meeting, a move that would make the dollar more attractive to yield-seeking investors.