Australian and New Zealand Dollars debase amid concern about U.S. debt ceiling

Source: Bloomberg
© Scanpix/AP
The Aussie bounced back from almost the highest level in two weeks after concern U.S. policymakers would have problems to agree on increasing the U.S. debt ceiling surpass the bill they launched to avoid the ‘fiscal cliff'. The Australian Dollar dropped against vast majority of its 16 main peers; it touched $1.0524, while the kiwi stood at 83.97 U.S. cents, the most since December 19.
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