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Australian dollar steadies ahead of RBA, kiwi braces for election risk

SYDNEY: The Australian dollar marked time on Monday ahead of a policy decision where rates are set to hit an 18-year high, while the New Zealand dollar braced for an election week that could see a change in government and, possibly, the central bank’s mandate. The Aussie held at $0.7030, after ending Friday little changed despite a sharp selloff in global equities. It ended October 1.3% higher,…

Australian dollar steadies ahead of RBA, kiwi braces for election risk

We haven't written up this one. Business Recorder has the full story — the link below goes straight to it.

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