Aussie and Kiwi appreciate on news from China and Greece

Source: Bloomberg
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The New Zealand and Australian Dollars strengthened against most of their counterparts on Monday on speculation European officials will decide to provide a second bailout funding for Greece amid China's announcement it cut its reserve ratio requirements. Aussie climbed 0.6% to USD 1.0770 while Kiwi gained 1.0% to USD 0.8406. Currently AUD/USD is trading at  USD 1.0774 and NZD/USD is trading at USD 0.8404.

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