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
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
Yen Slides As BoJ Pause Its Ultra-Loose Monetary Policy
The Japanese yen weakened against other major currencies in the Asian session on Tuesday, after the Bank of Japan decided to end negative rates amid signs that inflation is strengthening.
RTTNews
|
5h 22min ago
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
NZ Dollar Slides Against U.S. Dollar, Euro
The New Zealand dollar weakened against the U.S. dollar and the euro in the Asian session on Tuesday.
RTTNews
|
6h 9min ago
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
The Japanese yen weakened against other major currencies in the Asian session on Tuesday.
RTTNews
|
6h 32min ago
more news
European Shares Seen Tad Lower As Fed Meeting Gets Underway
European stocks may open on a tepid note Tuesday as a two-day policy meeting of the U.S. Federal Reserve gets underway later today.
RTTNews
|
6h 42min ago
Sensex, Nifty Edge Lower As BOJ Ends Negative Rates
Indian shares traded lower on Tuesday, tracking weak cues from other Asian markets after the Bank of Japan raised interest rates in an historic policy shift.
RTTNews
|
8h 3min ago
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
Yen Slides After BoJ Monetary Policy Decision
At 11:35 pm ET in the early Asian session on Tuesday, the Bank of Japan announced its benchmark interest rate in the monetary policy meeting.
RTTNews
|
8h 27min ago
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 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