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Australian dollar edges higher after first weekly gain in five, kiwi lags
SYDNEY: The Australian dollar edged higher on Monday after snapping a four-week losing streak last week as investors awaited RBA minutes and jobs data to gauge the path of interest rates there, while the kiwi struggled after seven straight weeks of declines. The Aussie rose 0.2% to $0.6994, after rising 0.4% last week to break a four-week losing streak. That helped it to rise above the seven-day moving average of $0.6972, with the technical outlook improving a little after a month-long slide from the September peak of $0.7238. Support lies at the recent 13-week low of $0.6904, with resistance ...
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