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Forex News

Australia Central Bank Holds Policy Rate At 4.35%

Australia Central Bank Holds Policy Rate At 4.35%

The Reserve Bank of Australia decided to keep its benchmark interest rate unchanged at its March meeting on Tuesday, while the policy board said the economic outlook and the interest rate path are uncertain as inflation remains high, although it is moderating. The policy board of the RBA, led by Governor Michele Bullock, decided to maintain the cash rate target at 4.35 percent.
RTTNews | 6h 10min ago
Australian Dollar Slides After RBA Rate Decision

Australian Dollar Slides After RBA Rate Decision

The Australian dollar weakened against other major currencies in the Asian session on Tuesday, after the Reserve Bank of Australia decided to keep its benchmark interest rate unchanged at its March meeting. Markets speculate that the next move would be an easing of policy.
RTTNews | 6h 20min ago
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FDA Approves First Gene Therapy For Kids With Early-onset MLD

FDA Approves First Gene Therapy For Kids With Early-onset MLD

The U.S. Food and Drug Administration approved Lenmeldy (atidarsagene autotemcel) gene therapy to treat children with early-onset metachromatic leukodystrophy or MLD. Lenmeldy, formerly known as OTL-200, was developed by Orchard Therapeutics, which was acquired recently by Japan-based Kyowa Kirin Co., Ltd. It is marketed in Europe under the brand name Libmeldy.
RTTNews | 7h 27min ago
Australian Dollar Drops Against Majors

Australian Dollar Drops Against Majors

The Australian dollar weakened against other major currencies in the Asian session on Tuesday. The Australian dollar fell to nearly a 2-week low of 1.6667 against the euro and a 4-day low of 97.58 against the yen, from yesterday's closing quotes of 1.6569 and 97.83, respectively.
RTTNews | 8h 13min ago
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Tuesday.
RTTNews | 8h 24min ago

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