Aussie depreciates on interest rate projections

Note: This section contains information in English only.
Source: Bloomberg
© Dukascopy Bank
New Zealand and Australian Dollars weakened versus most of their counterparts after slower CPI in Australia fuelled speculation, the Reserve Bank of Australia will cut interest rates. Aussie fell 0.7% against greenback to USD 1.0247 while Kiwi traded flat at USD 0.8132 after falling 0.5%. Currently AUD/USD is trading at USD 1.0318 and NZD/USD is trading at USD 0.8111.    

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