The Australian and the New Zealand dollars were in a state of fret and irritation on Monday
The Australian and the New Zealand dollars were in a state of fret and irritation on Monday near multi-month lows against the USD. The greenback remain supported by all the optimism in the U.S. economy regarding the upcoming U.S. rate hike.
AUD/USD was steady at 0.7337, getting off its five-month low of 0.7311 almost overnight.
As expectation of president Donald-Trump to cut taxes and ramp up fiscal spending were hovering over the economy, the dollar remained supported by the idea of a future economic growth.
The U.S. dollar has been boosted by an idea of a future rose of interest rates in the month of December.
As Fed Chair Janed Yellen said on Thursday that a rate hike will come appropriate very soon, a a grow in the inflation will be actually faster than expected.
The NZD/USD remained almost unchanged at 0.7010, hitting flat earlier in the day at 0.6985.
The U.S. dollar index was down 0.13%, after hitting a 14-years peak on Friday.
On Wednesday, Federal Reserve Chair Janet Yellen spoke about the interest rates and about the United States' economy
The gold prices dropped below $1.200