SYDNEY/WELLINGTON: The Australian and New Zealand dollars slipped to multi-month lows against the euro on Wednesday, after the single currency got a fillip from solid economic growth.
The euro climbed to A$1.4905, the highest since September to be last at A$1.4974. Against the New Zealand dollar , it hit NZ$1.6132, a level unseen in nearly a year, to last trade at NZ$1.6124.
The euro zone gross domestic product grew 0.5 per cent in January-March, underscoring a recovery in the currency bloc.
After struggling against the Antipodean currencies since late last year, the euro smartly rebounded in February, to stand 12 cents and 16 cents stronger against the Aussie and the Kiwi, respectively.
The Australian dollar also sagged versus its U.S. coun…
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