Australian Dollar Falls Ahead Of RBA Rate Decision

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Australian Dollar Falls Ahead Of RBA Rate Decision

(RTTNews) - At 10:30 pm ET in the early Asian session on Tuesday, the Reserve Bank of Australia will announce its monetary policy decision. The RBA is expected to keep its benchmark lending rate unchanged at 4.35 percent.

Ahead of the RBA decision, the Australian dollar fell against its major rivals.

As of 10:25 pm ET, the Australian dollar was trading at 0.6603 against the U.S. dollar, 97.17 against the yen, 1.6414 against the euro and 1.0734 against the NZ dollar.

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Commodity Currencies Rise Amid Risk-On Mood, Strong China Export Data

Commodity Currencies Rise Amid Risk-On Mood, Strong China Export Data

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major counterparts in the Asian session on Thursday amid increased risk appetite by the investors, after U.S. President Donald Trump said the U.S. was closing in on the trade deal with China. Traders also remain optimistic about the U.S. Fed cutting interest rates as early as September based on the recent economic data from the U.S.
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NZ Dollar Advances Against Majors

NZ Dollar Advances Against Majors

The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday.
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Australian Dollar Rises Against Majors

Australian Dollar Rises Against Majors

The Australian dollar strengthened against other major currencies in the Asian session on Thursday.
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Commodity Currencies Rise Amid Risk-Appetite

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The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major peers in the Asian session on Wednesday, as Asian markets traded higher after Trump hailed his "good relationship" with his Chinese counterpart Xi Jinping, adding that a deal with China was taking shape.
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Yen Rises Amid BoJ Rate Hike Speculation

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The Japanese yen strengthened against other major currencies in the Asian session on Tuesday, as the Bank of Japan's (BoJ) meeting minutes suggest the possibility of interest rate increases, contingent upon the anticipated performance of the economy and price.
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Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Tuesday.
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Yen Advances Against Majors

Yen Advances Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Monday, amid fading hopes for an immediate the Bank of Japan (BoJ) rate hike.
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