
Aussie hit by China stimulus scepticism; US dollar firm on Fed outlook
By Kevin Buckland TOKYO (Reuters) – The Australian and New Zealand dollars slumped on Wednesday as scepticism grew about top trading partner China’s stimulus, while the greenback hovered near two-month peaks versus major peers on wagers U.S. interest rate cuts will be gradual. New Zealand’s currency was weighed down further by data showing cooling inflation,…