💨 Abstract

On Tuesday, the Australian dollar remained near its yearly high, with traders awaiting any signals of potential rate cuts from the Reserve Bank of Australia (RBA). The yen idled in its range against the US dollar, awaiting a speech by Bank of Japan Governor Kazuo Ueda for further clues on interest rate hikes. The euro struggled following weak business activity surveys, hinting at additional rate cuts, while sterling hovered near a 2.5-year

Courtesy: theprint.in