EUR/USD and GBP/USD are higher

EUR/USD and GBP/USD are higher Tue, propelled by a bump in risk appetite after the Reserve Bank of Australia kept interest rates on hold. The RBA left its cash rate target unchanged overnight, with AUD rallying as a result and also supported by better-than- expected data. This fed into a broader boost for risk-sensitive currencies, including EUR and GBP. Early in NY, EUR/USD at 1.2633 from 1.2578 late Mon and USD/JPY at 98.17 from 97.35, according to EBS. EUR/JPY was at 123.91 from 122.47. GBP/USD was at 1.4075 from 1.4053 and USD/CHF at 1.1721 from 1.1763.