Kiwi Retreats Despite Strong Economic Data as Aussie Falls as Well

By: Stock Market News & Stocks to Watch from StraightStocks

Posted on June 16, 2011 at 03:04 AM EDT

The Kiwi and the Aussies were in retreat on Thursday, as both currencies suffered losses against the U.S. dollar and the euro.At around 6 am GMT, the U.S. dollar rose 0.52% against the New Zealand currency to trade around 1.2460.

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