Currency news

$A plunges as rate cut expectations grow
Growing expectations that the cash rate will be slashed to a new record low next week have pushed the Australian dollar below 79 US cents.
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NZ dollar drops after RBNZ statement
The idea that NZ's next move in official interest rates may be down has eroded support for the NZ dollar.
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$A plunges as rate cut looks more likely
The Australian dollar has fallen below 79 US cents on renewed expectations that the Reserve Bank will cut the cash rate.
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US dollar gains as Fed sits tight
The US dollar has gained as the Federal Reserve indicated it would stick to its decision not to hike interest rates till the middle of the year.
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NZ dollar drops to four-year low
After NZ Reserve Bank governor Graeme Wheeler hinted that the offficial cash rate may be cut in the future the NZ dollar falls to an almost four-year low.
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$A follows commodity prices lower
The Australian dollar has eased, unable to hold on to the gains it made after the release of inflation figures on Wednesday.
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NZ dollar static ahead of rate decision
The NZ dollar remains static after the Fed Reserve said it would be patient over plans to rise rates ahead of the Reserve Bank's own rate decision.
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$A eases after post-CPI rally
The Australian dollar is lower as traders take profits after Wednesday's rally following the release of inflation figures which met expectations.
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$A rises on surprise inflation jump
A stronger than expected jump in inflation, excluding the effects of cheaper petrol, gave traders a reason to buy the Australian dollar.
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NZ dollar drops vs Australian dollar
A high Australian CPI was the focus of the NZ dollar market but on Thursday utterances by the RBNZ will be closely watched.
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