Forex – Aussie, kiwi move lower vs. greenback in late trade

The Australian and New Zealand dollars moved lower on Wednesday, as comments by Federal Reserve officials continued to support the greenback and as investors were awaiting the Reserve Bank of New Zealand’s policy decision due on Thursday. AUD/USD fell 0.24% to 0.7562, the lowest since June 14.

The U.S. dollar remained supported by hawkish remarks made by New York Fed president William Dudley, who reinforced expectations for the Fed to keep raising interest rates.
However, Chicago Fed president Charles Evans did deliver a more dovish outlook after the market close on Monday, suggesting that it may be worthwhile for the U.S. central bank to wait until year-end to decide whether to raise rates again.

NZD/USD slipped 0.18% to trade at 0.7228.
On Thursday, the RBNZ was expected to leave interest rates unchanged at 1.75%. Market participants were especially eyeing comments by RBNZ Governor Graeme Wheeler for any hints on the central bank’s future policy moves
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was steady at 97.39.

Forex – Aussie, kiwi move lower vs. greenback in late trade