Australian dollar slid against US peer on rising bets RBA will cut rates
July 12, 2013 8:40 am
On Friday Australian dollar continued its slide against the US peer, as market players raised bets that Reserve Bank of Australia (RBA) will reduce the base interest rate next month from the current record low. AUD/USD slid to a session low at 0.9133 at 0:50 GMT. At 8:17 GMT the pair was trading at 0.9155, […] Read more