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Safe Havens Yen, Franc Retreat, Kiwi Jumps After RBNZ Meeting

The dollar was on the front foot against the safe-haven Japanese yen and Swiss franc on Wednesday, as whipsawed markets looked to get a handle on the latest developments around Ukraine, though heightened nervousness kept most major pairs fairly muted .
Workers carry barriers as they wait to cross a street at a set of traffic lights with pedestrians at sunset in central Newcastle, located north of Sydney, Australia, August 13, 2018.

Australian Wages Pick Up In Q4, Still Not Fast Enough

Australian wages picked up last quarter as a rapidly tightening labour market drove intense competition for workers, but annual growth was still short of levels that policy makers say would justify a rise in interest rates.

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