The Reserve Bank of Australia’s interest rate decision is due to be released at 12:30 am ET Tuesday. The economists expect the bank to hold rates at 2.00 percent.
Ahead of the announcement, the Australian dollar fell against its major rivals.
As of 12:25 am ET, the Australian dollar traded at 1.4760 against the Euro, 0.7475 against the U.S dollar, 91.65 against the yen and 1.1197 against the NZ dollar.
The material has been provided by InstaForex Company – www.instaforex.com