Australian Dollar depreciates against New Zealand, but both increase versus U.S. Dollar

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Source: Bloomberg
The Australian Dollar lost 0.3% against the New Zealand Dollar to 1.2564 in the end of Sydney trading session on Monday. The Aussie slipped against the New Zealand counterpart, as the amount of home loans unexpectedly decreased, increasing speculation, that the larger South Pacific country's central bank will reduce borrowing costs further. The Aussie was higher by 0.2 to $1.0560 and the New Zealand Dollar was up by 0.5% to 84.06 U.S. cents.
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