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USD appreciates against the AUD and NZD

By FXstreet.com,  June 29, 2010, 06:00:00 AM EDT

FXstreet.com (Barcelona) - The AUD/USD continues on its intraday plunge, currently trading around 0.8570, a fresh two-week low for the pair. After some volatility at the session opening, the AUD found a downward trend that shed 170 pips.

The Kiwi's session followed suit, plummeting 1.69% intraday versus the 1.70% of the AUD/USD and currently trades around 0.6959, a 12-day low for the NZD, as risk aversion takes over markets.








The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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