Australian and New Zealand Dollars Hit Multi-Month Highs as China’s Stimulus Boosts Risk Appetite
Facebook LinkedIn The Australian dollar (AUD) and New Zealand dollar (NZD) surged to multi-month peaks on Wednesday, driven by China’s aggressive stimulus package, which has fueled investor risk appetite. Meanwhile, the Chinese yuan (CNY) also hit its strongest level in over a year, as markets reacted positively to the latest economic support measures from China. […]