Reserve Bank of Australia - Page 2
28 articlesDollar, Euro, and Australian Dollar Hold Steady Before US Inflation Data
Major currencies including the US dollar, euro, and Australian dollar remained stable as traders weighed weak US jobs data, rising oil prices, and geopolitical risks ahead of a key US inflation report that could shape global monetary policy
Yen Nears 160 Against Dollar as Intervention Effects Fade
The Japanese yen has lost much of its recent intervention-driven strength, trading close to 160 per US dollar, while the Australian dollar holds near an eight-week high after the Reserve Bank of Australia kept rates unchanged
South Korean Won Drops as Dollar Strengthens, Yen Retreats
The South Korean won led declines among Asian currencies as the US dollar gained ground and the Japanese yen lost recent intervention-driven strength. Investors are watching upcoming US inflation data for signals on future Federal Reserve policy.
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