The Reserve Bank of Australia's interest rate decision is due in Asian deals on Tuesday at 10:30 pm ET. The economists expect the bank to hold rates at 2.00 percent.

Ahead of the announcement, the Australian dollar held steady against its major rivals.

As of 10:25 pm ET, the Australian dollar traded at 1.4561 against the euro, 89.19 against the yen, 0.7264 against the U.S dollar, and 1.0962 against the NZ dollar.

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