SYDNEY/WELLINGTON: The Australian and New Zealand dollars marked time on Monday as a bounce from recent lows was stymied by speculation US interest rates could rise as early as next month.
The Aussie dollar idled at $0.7402 after gaining 1.6% last week, with resistance proving stiff around $0.7425. It was also steady at 92.02 yen, having climbed 1.8% last week in its biggest gain so far this year.
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