The Reserve Bank of New Zealand kept rates on hold this morning at 1.75%, and said its next move could be up or down but added that downside risks to the economy remain.
The Federal Reserve on Wednesday raised its key interest rate for the third time this year and signalled one more hike in 2018, most likely in December.
The Australian dollar went on a wild ride on Wednesday. However, despite all the volatility, it finished the session largely unchanged against the US dollar.
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