Australian Dollar Maintains Slide on RBA Rate-Cut Bets

Australia’s dollar reached a more than three-month low as traders increased bets on how much the nation’s central bank will cut benchmark rates, damping demand for the nation’s assets. The so-called Aussie weakened after the Reserve Bank of Australia lowered on Feb. 8 its forecasts for inflation …

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Australian Dollar Maintains Slide on RBA Rate-Cut Bets