Australian Dollar Mixed Ahead Of RBA Rate Decision
(RTTNews) - The Reserve Bank of Australia will release its monetary policy decision at 12:30 am ET in the Asian session on Tuesday. The RBA is widely expected to hike its benchmark lending rate by 25 basis points, from 3.60 percent to 3.85 percent.
Ahead of the RBA rate decision, the Australian dollar showed mixed trading against its major rivals. While the aussie rose against the yen, it fell against the NZ dollar. Against the U.S. dollar and the euro, the aussie held steady.
As of 12:25 am ET, the Australian dollar was trading at 1.6054 against the euro, 0.6781 against the U.S. dollar, 90.09 against the yen and 1.0756 against the kiwi.
read more
Antipodean Currencies Slide On Trump Tariff Threat
The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Tuesday, amid concerns about the economic impact after U.S. President Donald Trump confirmed the 25% tariffs on Canada and Mexico as well as the additional 10 percent tariff on China will take effect Tuesday. The reciprocal tariffs on other U.S. trade partners will be imposed on April 2.
RTTNews
|
hace 6h 21min
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Tuesday.
RTTNews
|
hace 6h 56min
Euro Rallies Amid Ukraine Peace Plan
The euro firmed against its major counterparts on Monday, amid the prospect of higher defense spending in Europe to deter Russian aggression.
RTTNews
|
hace 17h 52min
U.S. Dollar Falls Amid U.S. Fed Rate Cut Prospect
The U.S. dollar weakened against other major currencies in the Asian session on Monday, amid prospects of the U.S. Fed cutting interest rates earlier as it is feared that the U.S. trade war may hurt global growth, worsen inflation and possibly spark recessions in some countries. Traders also picked up stocks at a bargain after the recent slump in the markets.
RTTNews
|
hace 1
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Monday.
RTTNews
|
hace 1
Commodity Currency's Slide Amid Risk Aversion
The Commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Friday amid risk aversion, as investors reacted to U.S. President Donald Trump's confirmation that tariffs on Mexico and Canada would proceed next week, along with an additional 10 percent tariff in China.
RTTNews
|
hace 4
NZ Dollar Slides Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Friday.
RTTNews
|
hace 4
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Friday.
RTTNews
|
hace 4
