“The Australian dollar rallied from an almost five-month low as a technical indicator suggested its recent decline was excessive.
The New Zealand dollar, known as the kiwi, earlier slid to a four-month low amid concernGreece will be forced to leave Europe’s currency union, sapping demand for riskier assets. Australian bonds rallied, sending yields to record lows, after the Reserve Bank released minutes of its latest meeting when it cut its key rate by half a percentage point.”
If you enjoy the content at iBankCoin, please follow us on Twitter
