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.
Thanks a lot for sharing this with all people you actually understand what you’re talking approximately!
Bookmarked. Kindly also seek advice from my web site =).
We will have a link exchange contract among us
First off I would like to say awesome blog! I had a quick question which I’d like to ask if you don’t mind. I was curious to know how you center yourself and clear your mind prior to writing. I’ve had a difficult time clearing my thoughts in getting my thoughts out there. I truly do enjoy writing but it just seems like the first 10 to 15 minutes tend to be wasted simply just trying to figure out how to begin. Any ideas or hints? Kudos!
I owe everybody I know. I owe my daughter over 30,000.00, she paid the financial institution off so I’d not go to jail.
It’s okay if you’re house to watch them closely.
Bottom line, our credibility and honest reporting are of the utmost significance to us. They are just what we feel separates us from our rivals and also keeps our testimonials trustworthy and legitimate.
I know this website offers quality dependent posts and other information, is there any other web site which provides such stuff in quality?
Oh my goodness! Awesome article dude! Thank you so much, However I am
going through issues with your RSS. I don’t understand
the reason why I am unable to subscribe to it. Is
there anyone else getting the same RSS problems?
Anybody who knows the solution can you kindly respond?
Thanx!!
I am really loving the theme/design of your weblog. Do you ever
run into any browser compatibility issues?
A couple of my blog audience have complained about my blog not operating correctly in Explorer but looks great in Opera.
Do you have any suggestions to help fix this problem?
I’m not trying to put in a plug for our business, yet I do think it is very important to note that not all protection business operate like the ones on the listing.
I will immediately seize your rss as I can not to find
your email subscription link or e-newsletter
service. Do you’ve any? Kindly allow me realize
in order that I may just subscribe. Thanks.