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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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U.S. Dollar Rises Ahead Of Fed's Powell Speech
The U.S. dollar strengthened against other major currencies in the European session on Friday, as traders expect speech by Fed Chair Jerome Powell at the Jackson Hole Symposium.
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U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the European session on Friday.
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Yen Falls Amid BoJ Uncertainty
The Japanese yen weakened against other major currencies in the Asian session on Friday, as traders speculate uncertainty over the likely timing of the Bank of Japan's (BoJ) next rate hike.
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Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
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Australian Dollar Falls Amid RBA Rate Cut Speculation
The Australian dollar weakened against other major currencies in the Asian session on Wednesday, as traders expect two or more rate cuts if inflation continues to decline as anticipated.
Earlier this month, the Reserve Bank of Australia (RBA) lowered its cash rate to 3.60 percent from 3.85 percent, as widely expected.
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NZ Dollar Slides As RBNZ Cuts Rate By 25 Bps
The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday, after the Reserve Bank of New Zealand decided to cut its key interest rate by 25 basis points and signaled further easing.
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NZ Dollar Slides Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday.
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Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Wednesday.
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