The Australian dollar was given every excuse to rally on Wednesday and didn’t, finishing the session lower than where it started. China announced a swathe of easing measures, following through on speculation that had been bubbling away for months. Other Asian currencies strengthened, led by hawkish BOJ bets bolstering the Japanese yen, while New Zealand reported continued heat in domestic inflationary pressures in the December quarter, an outcome that may have implications for Australia when its inflation report card is released on Wednesday next week. When you consider we’re likely to be bombarded by headline after ... (full story)