Aussie Dollar Holds Gain After RBA Keeps Rates Unchanged

Australia’s dollar held gains after the central bank left its cash rate unchanged as expected at a policy meeting Tuesday.

The Aussie rose 0.5 percent to 76.21 U.S. cents at 2:32 p.m. in Sydney, from Monday’s close. The currency is set for its fifth consecutive day of gains against the greenback, its longest rally since March.

Futures were pricing in a 36 percent probability of a rate reduction by the Reserve Bank of Australia by the end of the year, down from 49 percent at the end of last month.

Before it's here, it's on the Bloomberg Terminal.