Asia's Pacific

Aussie Trades Near 6-Month Low Against Kiwi Before RBA

The Australian dollar was within 0.4 percent of a six-month low against its New Zealand counterpart before the Reserve Bank of Australia announces its decision on monetary policy today.

The so-called Aussie fell for a second day versus the yen before China releases data on non-manufacturing industries amid concern the world’s second-largest economy is slowing. Demand for higher-yielding currencies was supported before a U.S. report forecast to show factory orders rose the most in three months in February. Full Story