Kiwi rebounds after RBNZ inflation warning; Aussie steady
The kiwi dollar rose 0.4% versus the US dollar to $0.5736, after RBNZ’s top central banker warned of higher inflation risk from oil prices; AUD was steady amid bets of an imminent rate hike.
The kiwi dollar firmed on Tuesday after the country’s top central banker warned that higher oil prices could lift inflation, recovering some ground against the Australian dollar, which had strengthened on bets of an imminent rate hike there. 5736 FX:NZDUS…