The Australian dollar rose further against the other major currencies in the Asian session on Tuesday, after the Reserve Bank of Australia decided to keep its key rate unchanged as widely expected by economists and policymakers.
The policy board of the Reserve Bank of Australia led by Governor Glenn Stevens maintained its key rate at 2.25 percent. The board judged that it was appropriate to hold interest rates steady for the time being.
It further said that easing may be appropriate over the period ahead in order to foster sustainable growth in demand and inflation consistent with the target.
The Australian dollar rose to an 8-day high of 0.7698 against the U.S. dollar and a 1-week high of 92.03 against yen, from an early 4-day low of 0.7576 and a 5-day low of 90.53, respectively.
Moving away from an early more than a 3-month low of 0.9453 against the Canadian dollar, the aussie advanced to a 4-day high of 0.9590. The pair was quoted at 0.9466 at yesterday’s close.
Against the euro and the NZ dollar, the aussie climbed to 5-day highs of 1.4202 and 1.0198 from early lows of 1.4433 and 1.0053, respectively. If the aussie extends its uptrend, it is likely to find resistance around 0.79 against the greenback, 94.10 against the yen, 0.97 against the loonie, 1.38 against the euro and 1.04 against the kiwi.
You ought to be a part of a contest for one of the highest quality blogs on the web.
I am going to recommend this blog!
Can I simply just say what a relef to find a persoln that actually knows what they’re talking about over the internet.
You definitely understand how tto brting a problem to light and make it important.
Moree and more people must look at this and understand this side of the story.
I can’t believe you’re not more poplar since
you definitely have the gift.
I think the admin of this website is truly working
hard in favor of his site, because here every information is quality
based stuff.
Hey there! I’ve been following your weblog for a long time now and finally got the bravery to go ahead and give
you a shout out from Atascocita Texas! Just wanted to say keep up the good job!
Este também é um ótimo remédio rendeiro para acidade de gestante; azia e também
queimação e azedo com dor de estômago, sendo velozmente eficiente.
Hi would you mind letting me know which webhost you’re utilizing?
I’ve loaded your blog in 3 completely different browsers and I must say this blog loads a lot quicker then most.
Can you recommend a good internet hosting provider at a fair price?
Many thanks, I appreciate it!
Someone essentially lend a hand to make severely articles I’d state.
That is the very first time I frequented your web page and to this point?
I surprised with the research you made to make this actual submit amazing.
Fantastic task!
Great post.
Oh my goodness! Amazing article dude! Thanks, However I am having problems with your RSS.
I don’t understand the reason why I cannot subscribe to
it. Is there anybody else getting the same RSS issues?
Anyone who knows the answer can you kindly
respond? Thanx!!
Wow! Finally I got a webpage from where I be able to truly get useful
information concerning my study and knowledge.