The Australian dollar that climbed to near a 2-week high of 1.2566 against the New Zealand currency in the Asian session reversed its course thereafter. The aussie slumped 0.5 percent to a 4-day low of 1.2509 against the kiwi by 6:45 am ET. The aussie-kiwi pair, which closed yesterday's deals at 1.2537, is presently worth 1.2515 with 1.246 seen as the next target level.
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