Monday, November 25

Australia, NZ dollars run out of puff, ponder rate outlooks

Australian and New Zealand dollars weakened as markets assessed steady interest rates. Copper prices surged to all-time highs, supporting major commodities. RBA released minutes hinting at possible rate hikes, awaiting inflation and consumer data. RBNZ expected to hold the official cash rate, with markets predicting a potential cut in August.
  • News Source Indiatimes (Click to view full news): CLICK HERE
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