Australian Dollar Rises Ahead Of RBA Rate Decision
(RTTNews) - At 12:30 am ET in the Asian session on Tuesday, the Reserve Bank of Australia will announce its monetary policy decision on interest rates. The RBA is widely expected to keep its benchmark lending rate unchanged at 4.35 percent.
Ahead of the RBA rate decision, the Australian dollar rose against its major rivals.
As of 12:25 am ET, the Australian dollar was trading at 0.6493 against the U.S. dollar, 96.52 against the yen, 1.6550 against the euro and 0.8781 against the Canadian dollar.
read more
U.S. Dollar Lower On Rate Cut Expectations
The U.S. dollar declined against its major counterparts in the New York session on Friday on growing expectations that the U.S. Federal Reserve could start cutting interest rates as early as September.
RTTNews
|
2 days ago
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
RTTNews
|
2 days ago
Antipodean Currencies Rise Amid Risk Appetite
The Antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Thursday amid risl appetite, as traders reacted positively to a closely watched report on U.S. consumer price inflation that showed a smaller-than-expected increase in the month of April to reinforce expectations the U.S. Fed will begin cutting interest rates in September.
RTTNews
|
3 days ago
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
RTTNews
|
3 days ago
Australian Dollar Rises Against Some Majors
The Australian dollar strengthened against some major currencies in the Asian session on Thursday.
RTTNews
|
3 days ago
Soft Inflation Data, Retail Sales Pull Down U.S. Dollar
The U.S. dollar weakened against its major counterparts in the New York session on Wednesday, as consumer inflation data and retail sales came in lower than expected in April, strengthening expectations that the Federal Reserve will reduce interest rate in September.
RTTNews
|
4 days ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday.
RTTNews
|
4 days ago
U.S. Dollar Drops Following PPI Data, Powell's Comments
The U.S. dollar declined against its major counterparts in the New York session on Tuesday, following the release of producer inflation data for April and Federal Reserve Chairman Jerome Powell's speech at a banking event in Amsterdam.
RTTNews
|
5 days ago
