date:Aug 06, 2013
me off that low, however, and last stood at $0.8891, down 0.2 percent from late U.S. trade on Friday.
The Reserve Bank of Australia is widely expected to cut interest rates to a record low of 2.5 percent on Tuesday, following dovish comments last week from RBA Governor Glenn Stevens. Some market players suspect that the central bank could ease policy further later this year.
Other major currencies were calmer, with the U.S. dollar struggling to gain traction after a closely watched report on F