SYDNEY: The Australian and New Zealand dollars hovered near 2025 highs on Tuesday, having cracked major resistance as U.S. President Donald Trump's tirade against the Federal Reserve further undermined investor trust in U.S. assets.
The Aussie was at $0.6417, after rising 0.6% overnight to a four-month high of 0.6436. It broke a key resistance level of $0.6409, which is now the near-term support.
