The Antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Friday, as investor sentiment boosted after data showed the bigger-than-expected increase in U.S. consumer prices further offset optimism the U.S. Fed will continue to aggressively lower interest rates in the coming months. China is also falling as the markets await potential fiscal stimulus announcements on Saturday.
Read Full Story
Latest posts by Top News Editor (see all)
- Australian Dollar Falls Amid Trump Trades Optimism - November 6, 2024
- European Economic News Preview: Germany Factory Orders Data Due - November 6, 2024
- India Services Growth Strengthens In October - November 6, 2024