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Aussie and Kiwi Dollars Stabilize Amid China's Mixed Signals
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Overview
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Aussie and Kiwi dollars maintain 5-1/2 month highs amid mixed China factory activity and Australia's slowing house price rebound. The Reserve Bank of Australia is expected to cut rates in June 2024, while the Reserve Bank of New Zealand is anticipated to make four rate cuts next year.
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How could the Reserve Bank of New Zealand's expected rate cuts next year affect the country's economy and inflation?
How might the fluctuating economic outlook in China impact other global currencies and export markets?
What factors could influence the Reserve Bank of Australia's decision to cut rates in June 2024?
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