Forex - Aussie Kiwi Hold Steady Near Multi-Month Lows

© Reuters. Aussie and kiwi little changed vs. greenback, eyes on U.S. politics

Investing.com - The Australian and New Zealand dollars helt steady near multi-month lows against their U.S. counterpart on Monday, amid ongoing uncertainty over the fate of a highly-anticipated U.S. tax reform plan.

was almost unchanged at 0.7564, not far from Friday's five-month low of 0.7534.

The House of Representatives on Thursday that would lower corporate taxes and cut individual taxes for most households in 2018, in a step towards the biggest U.S. tax code overhaul since the 1980s.

But the legislation may face a tougher fight in the Senate amid resistance within Republican ranks. Senate lawmakers are expected to vote on their version of the bill after this week’s Thanksgiving holiday.

Markets were also jittery due to an into potential Russian interference in the 2016 Presidential election.

held steady at 0.6819, close to Friday's 17-month trough of 0.6780.

The , which measures the greenback’s strength against a trade-weighted basket of six major currencies, was up 0.22% at 93.83 by 02:15 a.m. ET (06:15 GMT).

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