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Aussie Gains After RBA Holds Rates Steady (News 06/10/15)

Today's Press

  • The Australian dollar stood out among major currencies on Tuesday, as a relaxed message from the country's central bank on threats to growth quelled speculation it would cut interest rates further this year.

  • Growth in Britain's powerhouse services sector slowed to a two-and-a-half year low last month, highlighting fears that the recovery is losing steam.

  • The Peroni and Grolsch firm - which is in talks with suitor Anheuser-Busch InBev over a potential blockbuster deal - toasted a strong summer for beer sales thanks to strength in Latin America and Africa, but raised concerns as it confirmed the impact of a strong US dollar on revenues.

Next Trading Day's Important Events

Forex Quotes:

  • USDJPY: 120.35
  • EURUSD: 1.1221

Indices:

  • S&P 500: 1,987.05
  • NASDAQ : 4,781.3

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