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.
Awsome article and straight to the point. I am not sure if this is in fact the best place to ask but do
you people have any ideea where to hire some professional writers?
Thank you 🙂
Awesome post.
Hello there, I do believe your site might be having web browser compatibility problems.
Whenever I take a look at your website in Safari, it looks fine however when opening
in I.E., it has some overlapping issues. I merely wanted to provide you with
a quick heads up! Besides that, excellent blog!
As a Newbie, I am constantly browsing online for articles that can benefit me.
Thank you
I love your blog.. very nice colors & theme. Did you design this website yourself or did you hire someone
to do it for you? Plz reply as I’m looking to create my own blog and would like to find out where
u got this from. thank you
This design is wicked! You most certainly know how to keep a reader entertained.
Between your wit and your videos, I was almost moved to start my own blog (well, almost…HaHa!) Excellent job.
I really enjoyed what you had to say, and more than that, how
you presented it. Too cool!
I think that is among the so much important information for me.
And i’m satisfied reading your article. However should observation on few
normal things, The website taste is ideal, the articles is
in reality nice : D. Just right task, cheers
great day thanks
Greetings from Florida! I’m bored to tears at work so I decided to browse your
site on my iphone during lunch break. I enjoy the knowledge you provide here
and can’t wait to take a look when I get home. I’m surprised at how quick your blog loaded
on my cell phone .. I’m not even using WIFI, just 3G ..
Anyhow, excellent site!
That is a really good tip especially to those fresh to the blogosphere.
Brief but very precise info… Appreciate your sharing this one.
A must read post!cheap authentic jerseys