AUD/USD drops as RBA keeps rates on hold but adopts mildly dovish stance while EUR/JPY, USD/JPY rise – IG Group

The Australian dollar has fallen against the US dollar as the Reserve Bank of Australia (RBA) decided to keep interest rates unchanged. The RBA also took on a slightly dovish stance in its latest announcement. On the other hand, the euro has risen against the Japanese yen, as well as the US dollar against the Japanese yen. These movements in the forex market were observed by IG Group.

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