The Australian dollar fell heavily on Tuesday after the country’s central bank surprised markets by keeping interest rates on hold

News that President Cristina Fernández’s husband Néstor Kirchner, her predecessor as president, bought $2m in October 2008, a month after the collapse of Lehman Brothers, has sparked opposition outrage

Just a day after the RBA mentioned China shift in policy as a rational for holding rates, Fitch Rating warned that banks in China faced the greatest “bubble risk” of any Asian country. This temporarily took the wind out of the risk-on tone, pushing the EURUSD down to 1.3946. However, markets were able to rally as Europe opened and traders prepared for an event and data filled day. Gold then broke…