The Reserve Bank of Australia’s interest rate decision is due at 12:30 am ET Tuesday. The economists expect the bank to hold rates at 2.25 percent.
Ahead of the announcement, the Australian dollar held steady against its major rivals.
As of 12:25 am ET, the Australian dollar traded at 1.4389 against the Euro, 0.7603 against the U.S dollar, 90.94 against the yen and 1.0090 against the NZ dollar.
The material has been provided by InstaForex Company – www.instaforex.com