The Australian and New Zealand dollars hit multi-month lows against their US counterpart on Monday as worries about China's latest property curbs slugged Asian stocks and undermined sentiment generally. The Aussie slipped 0.8 percent to as deep as $1.0119, its weakest in eight months, with stop-loss selling tripped on the break of October's lows. The New Zealand dollar followed with a 0.5 percent drop to $0.8206, a two-month low.
Comments
Comments are closed.