RBA holds its horses as the Australian dollar advances
In short The Australian dollar is up against the Euro, Yen and NZ dollar The RBA leaves interest rates on hold Australian trade balance data including imports and exports due out later in the week Time Open Low High Today 0.6890 In the last week 0.6850 0.6929 In the last month 0.6714 0.6929 The Australian dollar moved higher against the Euro, Yen and NZ dollar overnight, adding around 1%. Meanwhile, the AUD/USD rate traded either site of 69 cents despite some gains yesterday. Yesterday, the Reserve Bank of Australia met just before the Melbourne Cup. With little chance of an […]