Tue, May 21, 2024

Forex

Wibest Broker — Reserve Bank of Australia: U.S. Dollar

Reserve Bank of Australia: US Dollar Weakens, AUD Strengthens as RBA Cuts Rates

On Tuesday in Asia, after the Reserve Bank of Australia cut interest rates, the Aussie dollar gained. Meanwhile, the U.S. dollar plunged with the ongoing trade cease-fire between the U.S. and China. The greenback, which is against a basket of other currencies, glided 0.1% to 96.352 as tracked by the U.S. dollar index. U.S. President …

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