The Reserve Bank of Australia’s interest rate decision is due in Asian deals on Tuesday at 11:30 pm ET. The economists expect the bank to hold rates at 2.00 percent.
Ahead of the announcement, the Australian dollar showed mixed trading against its major rivals. While the Australian dollar rose against the euro, it held steady against the U.S. dollar, the yen and the NZ dollar.
As of 11:25 pm ET, the Australian dollar traded at 1.5786 against the euro, 0.7082 against the U.S dollar, 85.31 against the yen and 1.0897 against the NZ dollar.
The material has been provided by InstaForex Company – www.instaforex.com