Aussie and Kiwi Dollars Soar as Risk Sentiment Rebounds
Antipodean currencies rallied, with the Australian Dollar gaining 0.47% and the New Zealand Dollar rising 0.44% against the US Dollar amid improved market risk sentiment.
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Antipodean currencies rallied, with the Australian Dollar gaining 0.47% and the New Zealand Dollar rising 0.44% against the US Dollar amid improved market risk sentiment.
The Australian dollar rebounded past $0.70, driven by global risk appetite after a US-Iran interim peace agreement weakened the US dollar. Domestically, soft economic data has led markets to price ou…