The Australian dollar rose against most major rivals on Tuesday after an expected decision by the Central Bank.

The Reserve Bank of Australia decided to maintain interest rates unchanged today at 4.35%.

On trading, the AUD/USD pair rose 0.6% as of 20:04 GMT to 0.6652.

Loonie

The Canadian dollar stabilized against its US counterpart at 0.7289 as of 20:04 GMT.

US Dollar

The dollar index stabilized at 105.3 today, with a session-high at 105.5, and a low at 105.1.

Earlier government data showed retail sales rose 0.1% m/m in May, below estimates of 0.2%.

On a yearly basis, sales rose 2.3% to $703.1 billion in May.

After the data, US 10-year treasury yields fell by 2.9 basis points to 4.25% on hopes the Fed will soon end the cycle of policy tightening as consumer spending weakens.