A hawkish shift from the US Federal Reserve has shrunk Australia’s bond yield advantage over America and sent the currency below US70¢.

NEW YORK, June 17 : The dollar strengthened across the board on Wednesday after the Federal Reserve held the benchmark interest rate steady and the Fed's statement showed…

A hawkish shift from the US Federal Reserve has shrunk Australia’s bond yield advantage over America and sent the currency below US70¢.

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