Australian Dollar Weakens after RBA Keeps Rates Unchanged The Australian dollar…

Australian Dollar Weakens after RBA Keeps Rates Unchanged The Australian dollar weakened against its major counterparts in the Asian session on Tuesday, after the Reserve Bank of Australia (RBA) kept its interest rates unchanged at its 1st policy meeting for 2018. As it was widely expected by economists and experts, the RBA board decided to leave the cash rate at 1.5%, marking 18 months in a row without a change. Business conditions were positive and increased public infrastructure spending was supporting the economy, but the outlook for household consumption remains uncertain, said Governor Philip Lowe. #HQBroker #HQBrokerReviews #Infographic #Forex #AustralianDollar #AUD #RBA

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