India, Aug. 29 -- The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Friday, as traders await the July Personal Consumption Expenditures (PCE) price index due later in the day.
The U.S. Personal Consumption Expenditures (PCE) Price Index for July is due to be released later on the day, the last key inflation release before the Federal Reserve's September meeting. In July, headline PCE is predicted to expand 2.6 percent year over year, while core PCE is predicted to increase 2.9 percent.
The Fed Governor Christopher Waller stated on Thursday that he would support a fall in interest rates at the September meeting and additional reductions over the f...