AUD falls on lower chance of rate hike, GYG jumps after ditching US | Finance Report | ABC NEWS

The Australian share market ended its week higher on hopes that the US and Iran will soon finalise a peace deal. Meanwhile, the reduced likelihood of the Reserve Bank (RBA) lifting interest rates dragged the Australian dollar lower, while shares of Guzman Y Gomez (GYG) surged after the company abandoned its ill-fated expansion into the US fast-food market, as finance presenter David Chau explains.

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