Kiwi rallies but limited by China

Note: This section contains information in English only.
Source: WBP Online
The New Zealand Dollar jumped during the Asian trading session amid weakening Dollar, as FOMC meeting and GDP data release will occur on Wednesday. The Kiwi soared 0.9% to 0.6664 against the Greenback by 7:25 AM GMT. However, gains were limited after turmoil in Chinese equities continued. The Shanghai Composite declined 1.7% on Tuesday on top of 8.5% slump on Monday, thus adding further worries over slowing Chinese economy. 
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