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Australian Dollar Falls Further After Of RBA Rate Decision
(RTTNews) - At 12:30 am ET, the Reserve Bank of Australia announced its rate decision to leave the cash rate target unchanged at 4.10 percent.
After the decision, the Australian dollar fell further against its major rivals.
As of 12:31 am ET, the Australian dollar was trading at 0.6422 against the U.S. dollar, 94.25 against the yen, 1.6803 against the euro and 1.0849 against the NZ dollar.
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The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Friday, as traders await the July Personal Consumption Expenditures (PCE) price index due later in the day.
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NZ Dollar Advances Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Friday.
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Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Friday.
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The U.S. dollar weakened against other major currencies in the Asian session on Thursday, after the Fed official left the door open for an interest rate cut next month.
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U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Thursday.
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Australian Dollar Rises On Strong Monthly CPI Data
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday, following the release of Australia's consumer price inflation accelerating more than expected to a one-year high in July.
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Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday.
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Antipodean Currencies Fall Amid Risk-off Mood
The antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Tuesday, as traders looked to cash in on the recent strong gains and remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation.
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