The Australian dollar fell to its lowest levels in four days against the U.S. dollar after the reserve bank of Australia (RBA) had announced the rate decisions, Issued by the reserve bank of Australia (RBA) today the rate decision, where the interest rate was cut by 25 basis to reach 4.25%, which is below the prior reading of 4.50%, and considered a historic levels for the nation's lending rate, also it came in line with expectations of 4.25%.

Also, the RBA indicated that the inflation rates were dropped, which helped in imposing easing for the fiscal policy.

Where, the RBA rate decision contributed in the AUD retreat, where the AUD/USD pair is currently trading around the level of 1.0207, after recorded its highest reading at 1.0264 and lowest at 1.0264.

Also, the AUD fell against the Japanese yen to reach its lowest level at 79.23, and the AUD/JPY pair is currently trading around the level of 79.39.