At 12:30 am ET Tuesday, the Reserve Bank of Australia announces its decision on interest rates. The RBA is widely expected to cut its benchmark lending rate by 25 bps to 0.75 percent.

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

The aussie was worth 73.00 against the yen, 1.6146 against the euro, 0.6744 against the greenback and 1.0800 against the kiwi as of 12:25 am ET.

AUD vs Yen (FX:AUDJPY)
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AUD vs Yen (FX:AUDJPY)
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