Australian dollar holds near multi-month highs vs USD, euro and yen
AUD hovered near multi-month highs against the greenback and was also supported versus the euro and yen as investors kept wagering on additional Reserve Bank of Australia rate hikes, widening yield spreads in its favour.
The Australian dollar hovered near multi-month highs against the greenback and the euro on Tuesday as investors continued to wager on more rate hikes at home, widening yield spreads in its favour. Speaking on Tuesday, Reserve Bank of Australia Assistant Governor Sarah Hunter reiterated that the...