Australian and New Zealand Dollars drop for a third straight day

Source: Bloomberg
© Scanpix/Agence France-Presse
The Aussie and the Kiwi declined before the Fed releases minutes of its previous meeting, which may signal on when the officials are planning to start tapering its bond-buying programme. The Australian Dollar slipped 0.5% to 90.29 U.S. cents at 4:48 p.m. Sydney time from Tuesday, after touching 90.18 earlier, the weakest since August 8, while the Kiwi depreciated 0.6% to 79.31 U.S. cents.

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