Aussie and Kiwi recovers from decline on Tuesday

Note: This section contains information in English only.
Source: Bloomberg
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The New Zealand and Australian Dollars rebounded from previous losses on speculation recent drop was excessive. Moreover private research showed Australian home value accelerated last month. Aussie soared 0.4% versus its US peer to USD 0.9900 while Kiwi gained 0.3% to USD 0.7714. Currently AUD/USD is trading at USD 0.9899 and NZD/USD is trading at USD 0.7715.
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Tue, 12 Jun 2012 07:12:39 GMT

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