Aussie Gains on Jobs Surge as Kiwi Hits Record After Rate Rise
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The Australian dollar gained against all of its 16 major peers after data showed employers added more than three times the jobs economists estimated.
New Zealand’s dollar jumped to a record on a trade-weighted basis after Governor Graeme Wheeler became the first head of a major developed central bank to raise interest rates since 2011 and said he expects to tighten policy further this year to damp inflation pressures.