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Australian dollar extends rally, market narrows odds on hike
SYDNEY: The Australian dollar was looking to rally for a fourth session on Wednesday as US yields declined and investors narrowed the odds of another interest rate hike at home after hawkish comments from a central banker. The Aussie firmed 0.1% to $0.7011, having risen 0.3% overnight to as far as $0.7017. Resistance lies around $0.7045, with support at $0.6895. The kiwi dollar eased a fraction to $0.5676, after gaining 0.4% overnight to test resistance at $0.5700. More resistance comes in at $0.5749, with support at the recent 18-month low of $0.5566. Reserve Bank of Australia Deputy Governor...
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