Australian, New Zealand Dollars Rise as Slump May Be Easing

May 4th, 2009 - Bloomberg

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Australian, New Zealand Dollars Rise as Slump May Be Easing - Bloomberg

May 4 (Bloomberg) -- The Australian dollar rose to thehighest since October and New Zealand’s currency also gained asan expansion in Chinese manufacturing added to optimism theglobal slump is easing, spurring demand for high-yielding assets.

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