U.S. Dollar Slips; AUD Gains After RBA Cuts Rate
Tuesday, 2 July 2019 15:14 WIB | CURRENCIES | Indeks DolarAussieAUD/USD,

The U.S. dollar slipped on Tuesday in Asia despite a trade truce between the U.S. and China. The Aussie dollar gained after the Reserve Bank of Australia (RBA) cut interest rates.

The U.S. dollar index that tracks the greenback against a basket of other currencies slipped 0.1% to 96.352 by 1:20 AM ET (05:20 GMT).

The U.S. jobs report is due Friday and is projected to show nonfarm payrolls rose by 164,000 in June, rebounding from 75,000 the month prior.

Meanwhile, the AUD/USD pair rose 0.3% to 0.6982 after the RBA cut interest rates to 1%, which is the lowest rate in history.

The USD/JPY pair was down 0.1% to 108.32. The USD/CNY traded 0.2% higher to 6.8620.

Source: Investing.com

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