Story perspectives
Aussie and Kiwi Dollars Steady Amid Tariff Turmoil
1/7/2025
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Story summary
- The Australian and New Zealand dollars experienced slight gains amid volatility following Trump's tariff denial.
- The Aussie dollar held steady at $0.6246, while the kiwi reached $0.5640.
- Attention turns to local inflation data, vital for the Reserve Bank of Australia's interest rate decisions.
- Economists forecast November inflation to rise to 2.3%, influencing potential RBA rate cuts.
