In New York trading on Friday, the Australian and NZ dollars trimmed early losses against the U.S. dollar.
The aussie is now trading at 0.9700 against the greenback, up from an early new multi-month low of 0.9585.
Against the greenback, the kiwi that fell to a fresh multi-month low of 0.7459 at 8:30 am ET gained thereafter and the pair is now trading at 0.7544.
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