Australian Dollar headed for worst quarter in five years

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
The Australian currency is heading for its biggest three-month decline in five years on speculation that the Fed will start tapering its stimulus and that trimmed the demand for Australia's assets. The Aussie traded at 92.77 U.S. cents at 4:18 p.m. Sydney time and it has declined 3.1% monthly. The Kiwi appreciated 0.2% to 78.14 U.S. cents and the New Zealand's currency has fallen 1.7% monthly.

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