Australian, New Zealand Dollars Hold Up Despite RBA Rate Cut, Japanese Yen Slips as Dow Gains 3.3%

Australian, New Zealand Dollars Hold Up Despite RBA Rate Cut, Japanese Yen Slips as Dow Gains 3.3%

Published by DavidWaring
12-02-2008

Australian, New Zealand Dollars Hold Up Despite RBA Rate Cut, Japanese Yen Slips as Dow Gains 3.3%

Australian, New Zealand Dollars Hold Up Despite RBA Rate Cut, Japanese Yen Slips as Dow Gains 3.3%

The Australian dollar and New Zealand dollar both managed to edge higher on Tuesday despite the Reserve Bank of Australiaâ€™s 100bp rate cut on Monday evening...

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