AUD

The champion of Tuesday’s trading session with Forex online traders was the Australian Dollar, which benefitted from the Reserve Bank of Australia announced they will leave interest rates untouched for this month. The unexpected move, came with a warning though, that credit default swaps were straining the Aussie economy – which raises the ultimate cost for protection against Australian debt default.

The AUD was trading up 2.5% to the USD at .6454, 3 ¼% to the Yen to 63.31, 2.4% to the Canadian Dollar to .8341 and 1% to the New Zealand Dollar at 1.2914.