The dollar rallied to a three-week high against the euro and a basket of currencies on Wednesday.
The U.S. dollar dipped against a basket of major currencies on Tuesday amid U.S. inflation data.
NAB's Ivan Colhoun says RBA members needed persuasion to cut rates as they tried to figure out if the low Q1 CPI was a signal or merely noise.
Australia's central bank members discussed leaving rates on hold on May 3 but decided on balance a cut would help return inflation to target.
HSBC's Paul Bloxham suggests investors look out for why the RBA delivered a rate cut in April and if its "reaction function" has changed.
BT Investment Management says Australia's central bank could be next to embrace negative interest rates.
The Reserve Bank of Australia could be the next central bank to embrace negative interest rates, according to BT Investment Management (BTIM).
The yen hit a 10-day low after Japan's finance minister said Tokyo was ready to intervene in the currency market if needed.
The dollar rose against a basket of currencies after William Dudley told the NYT the Fed may raise interest rates twice in 2016.
RBA's low inflation forecast is a sign: The central bank can cut interest rates and probably will, says Invast's chief market strategist, Peter Esho.
Australia's central bank slashed its inflation forecasts on Friday and warned that the outlook for wages and price pressures were a key uncertainty.
Mathias Cormann, finance minister of Australia, explains how the new budget will make the country's tax system more growth friendly.
The dollar rose, rebounding from recent lows against the yen and euro.
Mervyn Tang, director of Asia-Pacific sovereigns at Fitch Ratings, talks about the decision by the Reserve Bank of Australia to cut rates.
The RBA probably saw few risks from cutting interest rates as inflation is low, says National Australia Bank's FX strategy co-head, Ray Attrill.
The 2016/17 budget lacked structural reforms and economic leadership, warns Annette Beacher of TD Securities.
The yen jumped to a 18-month high against the dollar, extending gains that have undermined Japanese officials' attempts to reflate Japan's economy.
The Reserve Bank of Australia unexpectedly cut its cash rate by 25 basis points to a record low 1.75 percent.
Asian stocks mostly gained on Tuesday, with Australia's shares climbing and its dollar falling after the RBA cut interest rates unexpectedly.
The RBA's rate cut was a preemptive move to stall the economic slowdown, says Innes Willox, CEO of Australian Industry Group.