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Currencies: Slight changes in the dollar, yields, the euro, and the pound sterling

05/10/2022
Categories: Economy/Forex

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After the central bank of Australia surprised investors with a lower-than-expected rise in interest rates, with the euro climbing by more than 1%, Tre's return The 10-year benchmark US gold fell while on Tuesday, October 4, 2022, the dollar slipped against most major currencies.

After the Reserve Bank of Australia's decision, which said that rates had risen substantially over a short period of time, the Australian dollar was in decreased 0.2% to $0.6503, pulled down. The euro, for its part, was up 1.6% to $0.9978, recovering from its 20-year low of $0.9528 on September 26, while the pound rose 1.2% to $1.1456, following a record low of $1.0327 also reached on September 26.

The dollar was also down 0.4% against the Japanese yen at 144.03 yen and remains below 145 after briefly surpassing that level on Monday for the first time times since the Japanese authorities intervened to support their currency on September 22.

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