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Forex News

Australia Central Bank Holds Policy Rate At 4.35%

The Reserve Bank of Australia decided to keep its benchmark interest rate unchanged at its March meeting on Tuesday, while the policy board said the economic outlook and the interest rate path are uncertain as inflation remains high, although it is moderating. The policy board of the RBA, led by Governor Michele Bullock, decided to maintain the cash rate target at 4.35 percent.
RTTNews | 4h 18min ago
Australian Dollar Slides After RBA Rate Decision

Australian Dollar Slides After RBA Rate Decision

The Australian dollar weakened against other major currencies in the Asian session on Tuesday, after the Reserve Bank of Australia decided to keep its benchmark interest rate unchanged at its March meeting. Markets speculate that the next move would be an easing of policy.
RTTNews | 4h 29min ago
FDA Approves First Gene Therapy For Kids With Early-onset MLD

FDA Approves First Gene Therapy For Kids With Early-onset MLD

The U.S. Food and Drug Administration approved Lenmeldy (atidarsagene autotemcel) gene therapy to treat children with early-onset metachromatic leukodystrophy or MLD. Lenmeldy, formerly known as OTL-200, was developed by Orchard Therapeutics, which was acquired recently by Japan-based Kyowa Kirin Co., Ltd. It is marketed in Europe under the brand name Libmeldy.
RTTNews | 5h 35min ago
Australian Dollar Drops Against Majors

Australian Dollar Drops Against Majors

The Australian dollar weakened against other major currencies in the Asian session on Tuesday. The Australian dollar fell to nearly a 2-week low of 1.6667 against the euro and a 4-day low of 97.58 against the yen, from yesterday's closing quotes of 1.6569 and 97.83, respectively.
RTTNews | 6h 21min ago
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Tuesday.
RTTNews | 6h 32min ago
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European Economic News Preview: Germany ZEW Economic Sentiment Data Due

European Economic News Preview: Germany ZEW Economic Sentiment Data Due

Economic sentiment survey data from Germany is due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, foreign trade data is due from Switzerland. At 4.00 am ET, the State Secretariat for Economic Affairs publishes Swiss economic forecasts.
RTTNews | 8h 19min ago
Australian Dollar Retreats After RBA Monetary Policy Decision

Australian Dollar Retreats After RBA Monetary Policy Decision

At 11:30 pm ET in the early Asian session on Tuesday, the Reserve Bank of Australia announced its decision on interest rates in the monetary policy meeting. The RBA kept its benchmark lending rate unchanged at 4.35 percent.
RTTNews | 8h 47min ago
Asian Markets Mostly Lower

Asian Markets Mostly Lower

Asian stock markets are mostly lower on Tuesday, despite the broadly positive cues from Wall Street overnight, as traders remain cautious ahead of the monetary policy announcements by the Reserve Bank of Australia and the Bank of Japan. They also await the US Fed's monetary policy announcement on Wednesday for clues about the outlook for interest rates. Asian markets closed mostly higher on Monday
RTTNews | 8h 50min ago

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