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FOREX-Aussie rebounds after short-lived dip on RBA rate cut

SINGAPORE, May 5- The Australian dollar rebounded sharply after slipping initially as the Reserve Bank of Australia cut interest rates, as market players wondered whether the RBA's easing cycle may be over for now. Australia's central bank cut its cash rate a quarter point to an all-time low of 2.0 percent on Tuesday, aiming to spur a sluggish domestic economy...
Source: Reuters | By: Masayuki Kitano
FOREX-Dollar drifts higher in holiday-thinned trade, RBA in focus

SYDNEY, May 5- The dollar was slightly firmer against a basket of major currencies early on Tuesday, advancing against the euro and sterling in thin trade with several key financial centres shut for holidays. The euro last traded at $1.1146, continuing to peel away from a two-month peak of $1.1290 set on Friday. It bought $1.5116, not far from a one-week low of...
Source: Reuters | By: Ian Chua