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Australian Dollar Falls Ahead Of RBA Rate Decision
(RTTNews) - At 12:30 am ET, the Reserve Bank of Australia will announce its rate decision. The economists expect the interest rate to remain unchanged at 4.10 percent in September.
Ahead of the decision, the Australian dollar fell against its major rivals.
As of 12:25 am ET, the Australian dollar was trading at 0.6425 against the U.S. dollar, 94.26 against the yen, 1.6795 against the euro and 1.0858 against the NZ dollar.
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Yen Recovers Amid BoJ Rate Hike Speculation
The Japanese yen recovered from early lows against other major currencies in the European session on Tuesday, as traders speculate that the Bank of Japan (BoJ) will hike interest rates this year.
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Australian Dollar Rises As Traders Focus On US-China Trade Talks
The Australian dollar strengthened against other major currencies in the Asian session on Monday, as traders will be closely watching the US-China trade discussions because they will impact the next move in the Australian Dollar (AUD).
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Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Monday.
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U.S. Dollar Higher After Strong Jobs Data
The U.S. dollar firmed against its major counterparts in the New York session on Friday, following the release of better-than-expected nonfarm payrolls report for May.
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U.S. Dollar Falls Amid Weak Data, Trade Tensions
The U.S. dollar slipped against its major counterparts in the New York session on Wednesday, following the release of weaker than expected economic data, as well as rising trade tensions.
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Yen Falls Amid Risk-on Mood
The Japanese yen weakened against other major currencies in the Asian session on Wednesday, as Asian stock markets traded higher on optimism about amicable trade deals being reached between the U.S. and its trade partners over the weekend after the recent uncertainty. Major currencies in the region also strengthened against the US dollar.
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Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Wednesday.
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Antipodean Currencies Slide As China Manufacturing Activity Contracts
The antipodean currencies such as the Australia and the New Zealand dollars weakened against other major currencies in the Asian session on Tuesday, after China's manufacturing activity contracted for the first time in eight months in May as the rise in US trade tariff damped export orders.
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