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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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Antipodean Currencies Slide Amid Risk-off Mood; Safe-haven CHF, JPY Rises
The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Friday, amid heightening geopolitical tensions in the Middle East region after Israel launched a preemptive strike against Iran in a major escalation of the regional conflict. U.S. officials confirmed that the U.S. had no involvement or role in the operation. Tensions between the U.S. and Iran are also rising over the latter's nuclear developments.
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Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Friday.
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19h 47minuter sedan
U.S. Dollar Weakens After Soft PPI Data
The U.S. dollar dropped against its major counterparts in the New York session on Thursday, as soft producer inflation data for May raised hopes of a rate cut by the Federal Reserve.
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1 dag sedan
Commodity Currencies Slide Amid Rising Geopolitical Risks, Yen Rises
The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against other major currencies in the Asian session on Thursday, as rising geopolitical tensions in the Middle East weighed on market sentiment.
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1 dag sedan
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Thursday.
RTTNews
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1 dag sedan
U.S. Dollar Declines After Softer-than-expected Inflation Data
The U.S. dollar dropped against its major counterparts in the New York session on Wednesday, as the consumer price index came in softer than expected in May.
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2 dagar sedan
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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2 dagar sedan
Euro Rises Against Majors
The euro strengthened against other major currencies in the European session on Wednesday.
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2 dagar sedan
