Australian dollar rose in Asian session after the central bank announced that construction of homes is likely to result in further cuts in interest rates, and investors need to invest a large amount of money in construction.
Lower rates on mortgages may lead to new cuts in interest rates in the country. AUD / USD traded with a slight increase of 0.1% to 0.7884. USD / JPY fell by 0.15% to 119.70, and the EUR / USD rose 0.1% to 1.0932.
The dollar struck a new low against most of the world's currencies as the US dollar index, which is fundamental to determining the strength fell by 0.2% to 97.34 points.
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