Australian and New Zealand Dollars pare gains as U.S. recovers

Source: Bloomberg
© Scanpix/Agence France-Presse
The Aussie and Kiwi are expected to fall against the U.S. Dollar and to lose this year's gains as U.S. is poised for a recovery. The Australian and New Zealand Dollars have been among the three best performing major currencies against the greenback over the previous month and this year in a whole. The Kiwi gained to 83.02 U.S. cents on April 1, while the Aussie traded at 93.04 on the same date.
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