Australia, NZ dollars pinned near two-week lows as global risk rally stalls – Markets

SYDNEY: The Australian and New Zealand dollars were pinned near two-week lows on Wednesday as a rally in global risk sentiment stalled at the new year, with traders bracing for U.S. jobs data which could break or justify bets of aggressive policy easing.

The Aussie eased 0.1% to hit a two-week low of $0.6751, after falling 0.7% overnight in the biggest daily drop in a month. It now has support…

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News Source: www.brecorder.com