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Australian Dollar Rises Ahead Of RBA Rate Decision
(RTTNews) - At 12:30 am ET in the Asian session on Tuesday, the Reserve Bank of Australia will announce its July monetary policy decision. The RBA is widely expected to raise its interest rate by 25 basis points to 4.35 percent.
Ahead of the announcement, the Australian dollar rose against its major rivals.
As of 12:25 am ET, the Australian dollar was trading 0.6684 against the U.S. dollar, 92.64 against the yen, 1.6313 against the euro and 1.0854 against the NZ dollar.
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Australian Dollar Falls After RBA Rate Cut Decision
The Australian dollar weakened against other major currencies in the Asian session on Tuesday, Australia's central bank lowered its benchmark rate by a quarter-point on Tuesday as risks to inflation became more balanced.
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Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Tuesday.
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The Antipodean currencies such as the Australia and the New Zealand recovered from recent lows against their major currencies in the Asian session on Friday, amid improved global trade optimism.
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Yen Rises Amid Risk-off Mood, BoJ Rate Hike Bets
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NZ Dollar Rebounds Against Majors
The New Zealand dollar rebounded from recent lows against other major currencies in the Asian session on Friday.
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Australian Dollar Recovers Against Majors
The Australian dollar recovered from recent lows against other major currencies in the Asian session on Friday.
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4 dias atrás
