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Aussie Advances With Kiwi Amid Optimism Over Trade
Friday, 27 December 2019 13:28 WIB | CURRENCIES |Aussie

The Australian and New Zealand dollars rose to five-month highs as signs of improving U.S.-China trade relations boosted sentiment toward risk assets.

AUD/USD rose 0.1% to 0.6953 and touched 0.6955, its highest since July 26. The pair has risen 0.8% this week.

NZD/USD gained as much as 0.2% to 0.6682, the strongest level since July 25. It has climbed 1.2% this week.

The Bloomberg Dollar Spot Index fell 0.1%, adding to Thursday™s 0.2% decline. Recent losses have seen the gauge wipe out all of its 2019 gains.

USD/JPY fell 0.2% to 109.46.

EUR/USD rose 0.2% to $1.1121, adding 0.4% this week after falling as much the previous week.

Source: Bloomberg

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