Stock Market

The Australian dollar held near seven-month highs on the US dollar and yen after its central bank kept rates steady, while the euro and sterling saw profit-taking on investor caution ahead of US bank stress test results. The Reserve Bank of Australia (RBA) on Tuesday kept its benchmark cash rate on hold at a record low of 3.0 percent, helping buoy the Aussie after investors pocketed profits on its recent gains and wariness of a possible surprise cut also took the edge of it.