Australia, NZ dollars idle in thin trade at start of 2024 – Markets

SYDNEY: The Australian and New Zealand dollars were idling near 5-1/2 month highs on Tuesday as their recent winning streak ran into resistance, while mixed readings on China’s factory activity kept sentiment fragile.

The Aussie was little changed at $0.6812, after a hefty 7.6% gain in the past two months helped the currency hold steady for the year.

It faces resistance at $0.6871, the…

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News Source: www.brecorder.com