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Aussie Rises to Highest in 13 Years Against Kiwi on Hawkish RBA
Source: Bloomberg
Currency & FXInterest Rates & YieldsMonetary PolicyCommodities & Raw Materials
The Australian dollar reached a fresh 13-year high against the New Zealand dollar, supported by diverging central-bank interest-rate expectations and rising metals prices. The move signals relative strength for the AUD, with monetary-policy differentials and commodity-market support driving the cross.
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