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.
At this time I am going away to do my breakfast, after having my breakfast coming again to read other news.
Pretty nice post. Ӏ ϳust stumbled ᥙpon your blog and wanted to say thɑt I
have гeally enjoyed surfing ɑround youг
blog posts. Іn ɑny casе I wіll Ьe subscribing tߋ yoսr feed
аnd Ӏ hope you wrіte agɑin verү ѕoon!
It is the best time to make a few plans for the future and it is time to be happy. I have learn this submit and if I may just I desire to recommend you some attention-grabbing issues or suggestions. Perhaps you could write subsequent articles referring to this article. I wish to learn even more issues about it!
Fantastic items from you, man. I have understand your stuff previous to and you’re just extremely wonderful. I actually like what you have acquired here, certainly like what you are saying and the way in which in which you are saying it. You make it entertaining and you continue to take care of to keep it smart. I cant wait to read much more from you. This is actually a wonderful website.
Hello there! This blog post could not be written any better! Going through this post reminds me of my previous roommate! He continually kept talking about this. I will forward this information to him. Pretty sure he will have a very good read. Many thanks for sharing!
Incidentally, the wait time ahead of humans board is only 45 minutes following an application.
Way cool! Some extremely valid points! I appreciate you penning this post and the rest of the site is also really good.
Hello every one, here every one is sharing these know-how, therefore it’s pleasant to read this blog, and I used
to visit this webpage every day.
Hi! This post couldn’t be written any better! Reading this post reminds me of my good old room mate! He always kept talking about this. I will forward this article to him. Fairly certain he will have a good read. Many thanks for sharing!
I did this in excess of a month and got about 1000 followers but then I
started employing crowdfire to unfollow everybody that failed
to adhere to me back again simply because
you get constrained to 7500 people to stick to per account.