FOREX-Aussie jumps, yen at weakest in 15 years vs euro, as central banks split
The Aussie dollar leapt over 1% against the dollar on Tuesday after a surprise central bank rate hike, while the yen hit its weakest in 15 years versus the euro, as Bank of Japan dovishness continued to weigh and before closely watched euro zone data. The Reserve Bank of Australia (RBA) lifted the cash rate to 3.85% and said "some further" tightening may be required to ensure that inflation returns to target in a reasonable timeframe.
Source: devdiscourse.com
