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The kiwi rose after the Reserve Bank of New Zealand held interest ratessteady at 1.75% as expected on Thursday with the growth outlook noted even as the central banks said policy would remain accomodative. NZD/USD rose 0.69% to 0.7256 after the announcement. Elsewhere, USD/JPY was last quoted at 111.35, down 0.03%, while AUD/USD traded at […]
The Australian and New Zealand dollars moved lower on Wednesday, as comments by Federal Reserve officials continued to support the greenback and as investors were awaiting the Reserve Bank of New Zealand’s policy decision due on Thursday. AUD/USD fell 0.24% to 0.7562, the lowest since June 14. The U.S. dollar remained supported by hawkish remarks […]
SYDNEY (Reuters) – A renewed slump in oil prices to seven-month lows put Asian investors on edge on Wednesday, overshadowing a decision by U.S. index provider MSCI to add mainland Chinese stocks to one of its popular benchmarks. The slide in energy costs boosted bond prices and flattened yield curves as investors priced in lower […]