Aussie and Kiwi drop before US retail data and Fed meeting

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Source: Bloomberg
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New Zealand and Australian Dollars declined before US retail statistics due tomorrow which are expected to show sales advanced and reduced scope for further monetary easing. Federal Reserve is holding a meeting on Tuesday to decide upon necessary measures. Aussie and Kiwi each dropped 0.4% versus greenback to USD 1.0532 and USD 0.8182 respectively. Currently AUD/USD is trading at USD 1.0542 while NZD/USD is trading at USD 0.8180.
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