Forex - Aussie kiwi slip lower as greenback mildly recovers

Aussie and kiwi edge lower vs. greenback with Jackson Hole in focus

Investing.com - The Australian and New Zealand dollars edged lower against their U.S. counterpart on Thursday, as the greenback mildly recovered from recent losses ahead of the Jackson Hole summit due to begin later in the day.

slipped 0.13% to 0.7893.

Market participants were also looking ahead to this week's annual meeting of top central bankers and economists in Jackson Hole, Wyoming, where the heads of the U.S. and European central banks will be making keynote speeches.

Investors are especially awaiting speeches from Federal Reserve Chair Janet Yellen and European Central Bank President Mario Draghi on Friday, though neither is expected to announce new policy messages.

edged down 0.14 % to trade at 0.7217, just off the previous session's six-week lows of 0.7198.

The greenback had weakened after after the U.S. Commerce Department reported on Wednesday that .

Sentiment on the dollar was already vulnerable after U.S. President Donald Trump said at a rally in Arizona on Tuesday that he would be in order to get the funding needed for his proposed wall along the U.S.-Mexico border.

Trump also warned that he might with Canada and Mexico after a first round talks aimed at revamping the trade pact ended with few signs of progress.

The , which measures the greenback’s strength against a trade-weighted basket of six major currencies, was up 0.08 % at 93.21 by 02:15 a.m. ET (06:15 a.m. GMT).

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