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Aussie Punches Above 76 as RBA Lowers Rates

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 2, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Australian dollar has recorded sharp gains on Tuesday. In the North American session, AUD/USD is trading just above the 0.76 level. On the release front, it's been a busy day in Australia. The RBA lowered rates to 1.50%, while Australian key numbers were soft. Building Approvals posted a sharp[​IMG]

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