Aussie headed for five-month fall as U.S. growth buoys taper outlook

Source: Bloomberg
The Australian currency is headed towards the longest losing streak in over four years, after the U.S. expansion boosted the case for tapering monetary stimulus. The Aussie appreciated 0.1% to 89.40 versus the U.S. Dollar, while the New Zealand's currency advanced 0.1% to 77.81 against the greenback.

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