Aussie, kiwi rally to recent peaks as traders bet on rate hikes - NewsBreak
By Shannon in Business
Updated 3 years ago
SINGAPORE, Oct 20 (Reuters) - The Australian and New Zealand dollars hit multi-month highs on Wednesday and bond yields scaled peaks in both countries as investors wagered surging inflation will hasten rate hikes. The Australian dollar rose as much as 0.2% to touch a three-month high of $0.7489, before settling...