Antipodean currencies weaken as European stocks decline
Australia and New Zealand dollars weakened against major currencies during Europe’s Tuesday session as European stocks fell. Rising oil prices and bond yields heightened inflation concerns and rate-hike worries.
CANBERA (dpa-AFX) - The antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the European session on Tuesday, as European stocks declined as rising oil prices and bond yields stoked worries about inflation and interest-rate hikes.A globa…