DUBAI / WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of ...
Read More »Aussie dollar faces inflation test after stellar year-end rally
BLOOMBERG The Australian dollar’s late 2023 rally faces a new hurdle with inflation data expected to strengthen the case for earlier interest-rate cuts by the Reserve Bank. The Aussie jumped nearly 10% against the greenback from late October through December as the RBA sounded hawkish while traders priced Federal Reserve rate cuts this year. The rally may struggle to extend ...
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