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Today was the rate decision by the Reserve Bank of Australia, where unexpectedly it kept its benchmark interest rate steady at 4.25%
The Australian dollar recorded a significant increase by 0.60% against the U.S. dollar, directly after the release of the Reserve bank of Australia's rate decision, as the RBA unexpectedly kept the benchmark interest rate steady at 4.25%, which has sent the nation's currency to a six-month high.
The AUD / USD pair reached its highest level in today's trading session at 1.0804 the highest since August the second, and reached its lowest level at 1.0704, while it is currently trading around 1.0780.
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On the other hand, the AUD recorded a huge advance against the Euro as well by 0.76% increase, as the AUD / EUR pair reached its highest level in today's trading session at 0.8239 and reached its lowest level at 0.8161, while it is currently trading around 0.8231
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