THE Australian dollar has dipped ahead of the Reserve Bank’s monetary policy announcement.
At 0630 AEST on Tuesday, the currency was trading at 72.80 US cents, down from 72.99 cents on Monday.
Trader focus will be on the RBA’s interest rate decision on Tuesday, where no policy shift is expected but any dovish comments will be closely watched.
CURRENCY SNAPSHOT AT 0630 AEST ON TUESDAY
One Australian dollar buys:
* 72.80 US cents, from 72.99 cents on Monday
* 90.26 Japanese yen, from 90.53 yen
* 66.48 euro cents, from 66.40 euro cents
At 0630 AEST on Tuesday, the currency was trading at 72.80 US cents, down from 72.99 cents on Monday.
Trader focus will be on the RBA’s interest rate decision on Tuesday, where no policy shift is expected but any dovish comments will be closely watched.
CURRENCY SNAPSHOT AT 0630 AEST ON TUESDAY
One Australian dollar buys:
* 72.80 US cents, from 72.99 cents on Monday
* 90.26 Japanese yen, from 90.53 yen
* 66.48 euro cents, from 66.40 euro cents
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