AUD and NZD near multi-week lows on hawkish Fed bets
AUD and NZD stayed near multi-week lows as wagers on additional U.S. rate hikes supported the dollar and reinforced expectations of more tightening in Australia and New Zealand.
The Australian and New Zealand dollars stayed near multi-week lows on Thursday as bets on further U.S. interest-rate hikes supported the greenback and added to expectations of more policy tightening domestically. The U.S. Federal Reserve raised rates by 25 basis points, as exp…