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briannto
2021-03-29

Kek

Australia, NZ dollars extend losses as U.S. recovery supports greenback

By Paulina DuranSYDNEY, March 29 (Reuters) - The Australian and New Zealand dollars extended last we

Australia, NZ dollars extend losses as U.S. recovery supports greenback

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Andaroo
·2021-03-29
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For the rest of the week, \"again, any large major movements in the Aussie are likely to be driven by the global mood,\" Westpac strategists said.</p><p>The commodity-sensitive Aussie is on track to be down 0.91% for the month, having lost 1.32% last week, its second consecutive week of losses amid volatility in bonds, oil and commodity prices.</p><p>The kiwi dollar was slightly lower at $0.6991 , having shed 2.35% last week in its worst performance in six months as the country announced tough new rules to cool its housing market.</p><p>The housing curbs triggered a huge rally in debt markets as investors sharply scaled back wagers on a rate hike next year.</p><p>New Zealand 10-year bond yields were 4.5 basis points higher at 1.708%. 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