Thu, 09 Jan 2014 13:45:06 GMT
Australian Dollar declines for third straight day against greenback
The Australian Dollar dropped for a third consecutive day against the U.S. counterpart on speculation that U.S. payrolls report will encourage the Fed to continue scaling back its stimulus. Australia's currency slipped 0.3% to 88.72 U.S. cents as of 5:18 p.m. Sydney time, while it slid 0.2% to NZ$1.0751. The Aussie declined 0.3% to 93.07 Yen, while the Kiwi retreated