The Australian and New Zealand dollars held on to overnight gains on Tuesday, supported by a turnaround in the yuan and a broadly weaker greenback as traders await US inflation data to gauge whether interest rates have peaked. The Aussie was hovering at $0.6432, having added 0.8% overnight to hit a one-week high of $0.6449 and coming out of a narrow range it had been stuck in since plumbing ten-month troughs last week. Bulls are now eyeing $0.6520. The kiwi dollar was also steady. It was trading at $0.5920 after a 0.6% rise overnight to $0.5935. Near-term resistance stands at $0.5930 and support is strong at a ... (full story)