Advertisement
Australian Dollar Falls Ahead Of RBA Monetary Policy Decision
(RTTNews) - At 10:30 pm in the early Asian session on Tuesday, the Reserve Bank of Australia will announce its decision on interest rates at the monetary policy meeting. The RBA is expected to hike its benchmark lending rate by 25 basis points, to 4.35 percent from 4.10 percent.
Ahead of the RBA rate decision, the Australian dollar fell against its major rivals.
As of 10:25 pm ET, the Australian dollar was trading at 0.6484 against the U.S. dollar, 97.34 against the yen, 1.6518 against the euro and 1.0887 against the NZ dollar.
read more
Antipodean Currencies Rise Amid Risk-on Mood
The antipodean currencies such as the Australia and the New Zealand dollars strengthened against other major currencies in the Asian session on Friday amid increased risk-on mood by the investors, following the broadly positive cues from Wall Street overnight, as traders hope for an end to the tariff uncertainty after U.S. President Donald Trump confirmed he will not extend the August 1 deadline for striking trade deals, though he continues to threaten higher reciprocal tariffs on various sectors and countries.
RTTNews
|
5h 17min ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Friday.
RTTNews
|
6h 2min ago
Commodity Currencies Rise Amid Renewed Tariff Concerns; USD Slide
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major counterparts in the early European session on Thursday, as traders are optimistic about an end to the tariff uncertainty after U.S. President Donald Trump made it clear that he will not extend the August 1 deadline for trade deals, though he gets aggressive with tariff imposition. They are also optimistic about a potential trade deal between the U.S. and the European Union.
RTTNews
|
1 day ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the early European session on Thursday.
RTTNews
|
1 day ago
Yen Falls As Traders Speculate BoJ Rate Hike Pause
The Japanese yen weakened against other major currencies in the late Asian session on Wednesday, as traders reduced their bets on an immediate interest rate hike by the Bank of Japan (BoJ) due to worries about the possible economic effects of US President Donald Trump's trade tariffs.
RTTNews
|
2 days ago
NZ Dollar Falls After RBNZ Rate Decision
The New Zealand dollar retreated from recent highs against other major currencies in the Asian session on Wednesday, after the Reserve Bank of New Zealand's (RBNZ) widely anticipated decision to maintain rates constant.
RTTNews
|
2 days ago
NZ Dollar Retreats Against Majors
The New Zealand dollar retreated from recent highs against other major currencies in the Asian session on Wednesday.
RTTNews
|
2 days ago
Antipodean Currencies Rise Amid Risk-on Mood; Yen Slides
The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Tuesday, as Asian markets traded higher following Trump's softened stance on tariff hikes.
RTTNews
|
3 days ago
