(Reuters) - The New Zealand dollar tumbled from a 22-year high versus the U.S. dollar on Monday after selling by the Reserve Bank of New Zealand raised concerns about how much longer carry trades would continue.
The dollar was little changed against the euro and the yen, holding onto gains versus the euro after hitting a two-month high late last week when the benchmark U.S. Treasury yield jumped to its highest level in around five years.
Read more at Reuters Africa
The dollar was little changed against the euro and the yen, holding onto gains versus the euro after hitting a two-month high late last week when the benchmark U.S. Treasury yield jumped to its highest level in around five years.
Read more at Reuters Africa
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