Tag Archives: Aussie
Aussie Hits 2-Month High Against Yen, Kiwi Struggles
The Australian dollar surged 2% overnight to reach 101.25 yen, breaking through the 100.00 resistance barrier. This surge came as Japan’s newly appointed Prime Minister, Shigeru Ishiba, signalled opposition to further interest rate hikes, a shift in stance from his earlier hawkish position. -vtmarkets.com