Thursday , 19 April 2018

Home » RESOURCES » MARKET » Australian dollar weakens before RBA Governor’s address

Australian dollar weakens before RBA Governor’s address

The Australian dollar stumbled on Friday before the speech of Reserve Bank of Australia Governor Glenn Stevens at a lunch to be held by the American Chamber of Commerce in the country.

The Aussie traded at 76.67 US cents from Thursday’s 77.30 US cents. Against the euro and the Japanese yen, it ended at 71.86 euro cents and ¥92.54, respectively.

The market hoped they could gain “about the RBA’s proclivity to cut rates again and how soon,” said Ray Attrill, Global Co-head of Foreign Exchange Strategy at National Australia Bank.
The material has been provided by InstaForex Company – www.instaforex.com

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Australian dollar weakens before RBA Governor’s address Reviewed by on . The Australian dollar stumbled on Friday before the speech of Reserve Bank of Australia Governor Glenn Stevens at a lunch to be held by the American Chamber of The Australian dollar stumbled on Friday before the speech of Reserve Bank of Australia Governor Glenn Stevens at a lunch to be held by the American Chamber of Rating:
scroll to top