AUD & NZD: Commodity Pressures & Rate Cut Expectations

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Iron Ore & Oil Prices Weigh After starting the week near highs, a combination of rate-cut expectations and commodity under performance is fueling weakness in both the Australian & New Zealand Dollar. Iron Ore tumbled nearly 3% overnight as the latest Home Price Growth data from China, which measures prices in 70 cities, showed a significant slowing. The data released by the National Burea...

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