Aussie tumbles after RBA pauses rate hikes, dollar rebounds

SINGAPORE  – The Australian dollar slipped on Tuesday after the central bank held interest rates steady, while the greenback regained some of the ground lost when data showed a slump in U.S. manufacturing activity. In a closely watched monetary policy decision, the Reserve Bank of Australia (RBA) on Tuesday left its cash rate unchanged at 3.6 percent, breaking a run of … Continue reading Aussie tumbles after RBA pauses rate hikes, dollar rebounds