Australia, New Zealand Currencies Lose Steam, Retreat From 2-Month Highs Amid Soft China Data
The Australian and New Zealand dollars pulled back from near two-month highs against the U.S. dollar, reacting to disappointing economic data from China, one of their major trading partners.
Price Movement: New Zealand's kiwi fell to 1.5564 against the greenback, retreating from Friday's high of 1.5483, its strongest level since early June.