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Australian Dollar Rises After RBA Rate Decision

Australian Dollar Rises After RBA Rate Decision

The Australian dollar strengthened against other major currencies in the Asian session on Tuesday, after the Reserve Bank of Australia or the RBA maintained rates on hold and markets anticipated the U.S. Federal Reserve's policy meeting later this week.
RTTNews | 6 gün önce
Commodity Currencies Rise Amid Risk-appetite, USD Slides

Commodity Currencies Rise Amid Risk-appetite, USD Slides

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Thursday amid risk appetite, as traders continue to express optimism about the outlook for interest rates following the recent dovish comments from some US Fed officials.
RTTNews | 18 gün önce
Commodity Currencies Rise Amid Risk-on Mood

Commodity Currencies Rise Amid Risk-on Mood

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Wednesday, as Asian stock markets traded higher amid renewed optimism about an interest rate cut by the U.S. Fed in December following the release of softer-than-expected US economic data and the recent dovish comments from US Fed officials.
RTTNews | 19 gün önce
Australian Dollar Falls Amid Risk-off Mood

Australian Dollar Falls Amid Risk-off Mood

The Australian dollar weakened against other major currencies in the Asian session on Friday, as traders further scaled down their expectations for another U.S. Fed interest rate cut in December after the long-delayed U.S. jobs report for September showed an unexpected uptick in unemployment rate, with job growth far exceeded economist estimates. Concerns about an AI investment bubble and high valuations in the markets also remain.
RTTNews | 24 gün önce