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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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Euro Rises Amid Risk-on Mood
The euro strengthened against other major currencies in the European session on Wednesday amid increased risk-on mood, as investors monitored the latest updates from Sino-U.S. talks and awaited crucial U.S. inflation data for direction.
After two days of discussions in London, U.S. and Chinese officials have agreed on a limited framework to put their trade truce back on track.
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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 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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