Australian, NZ Dollars Lower As Hot Inflation Data Fuels Fed Rate Hike Concerns

Australian, NZ Dollars Lower As Hot Inflation Data Fuels Fed Rate Hike Concerns

RTTNews

Published

The Australian and NZ dollars depreciated against their major counterparts in the Asian session on Thursday amid rising risk aversion, as strong U.S. inflation data sparked worries about aggressive interest rate hikes and its impact on economic growth.

Full Article