The Australian dollar slipped Tuesday on low trading volumes as US markets were closed for the Labor Day holiday.

The Aussie finished at 61.99 euro cents from Monday’s 62.24 euro cents, 69.25 US cents from 69.33 US cents, and 45.33 British pence from 45.65 British pence.

Trade was also muted due to woes before next week’s “Federal Open Market Committee meeting at which the Federal Reserve is expected to raise its interest rate,” said Emma Lawson, Senior Currency Strategist at National Australia Bank.

The material has been provided by InstaForex Company – www.instaforex.com