Australian dollar near 2-year trough, ANZ sees Feb rate cut


SYDNEY: The Australian dollar huddled near two-year lows on Friday as a major local bank joined the chorus for a rate cut in February, while looming U.S. jobs figures have the potential to shove Treasury yields and the U.S. dollar higher.

In a change of call, ANZ analysts revised down forecasts for December quarter consumer prices following a soft reading on November core inflation.

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Australia , dollar , currency , inflation

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