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Aussie, kiwi units continue Yellen-linked rally

Published Thu, Jul 13, 2017 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    London

    THE Australian and New Zealand dollars were the biggest beneficiaries of a second day of gains for stock markets on Thursday, comments by US Federal Reserve chair Janet Yellen bolstering a global rally that dates back seven years.

    The impact of the first day of Ms Yellen's Congressional testimony, which markets took as a signal the US central bank may go softer with monetary policy tightening than it has previously insisted, was fading on the US dollar in morning trade in Europe.

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