Australian dollar hit by dovish rate shift, sinks to one-month low on kiwi
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Australian dollar hit by dovish rate shift, sinks to one-month low on kiwi

(Reuters) · Business Recorder · Business & FinanceRead original ↗

SYDNEY: The Australian dollar was on track for steep weekly losses on Friday after soft jobs data prompted markets to scale back wagers on a fifth rate hike this year, sending the currency to a one-month low against the New Zealand dollar. The Aussie slipped 0.

Australian dollar hit by dovish rate shift, sinks to one-month low on kiwi

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