Australian and New Zealand Dollars fall on tapering bets

Source: Bloomberg
The Aussie and the Kiwi dropped versus biggest part of their most-traded peers on speculation that the Fed will continue winding down its monetary stimulus that has supported asset prices. Australia's Dollar slid 0.2% to 88.44 U.S. cents at 4:43 p.m. Sydney time, after it slipped to 88.21 yesterday, while the New Zealand Dollar declined 0.6% to 81.89 U.S. cents.

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