Aussie dips after RBA; yen pressured by rising U.S. yields…
Australia’s dollar erased early gains on Tuesday after the country’s Reserve Bank delivered an as-expected half-point rate hike but not the hawkish forward guidance that some had hoped for. The yen slid back toward a 24-year low to the greenback on a rise in U.S. Treasury yields, while the euro edged higher, adding some distance from five-year lows.
