Investing.com - The Australian and New Zealand dollars moved higher against their U.S. counterpart on Wednesday, as U.S. political concerns continued to weigh heavily on the greenback.
AUD/USD added 0.13% to 0.7435.
The greenback weakened broadly following reports U.S. President Donald Trump shared sensitive intelligence with Russia's foreign minister in a meeting last week.
The U.S. dollar came under further selling pressure after news Trump asked former FBI Director James Comey to end the agency's investigation into ties between former White House national security adviser Michael Flynn and Russia.
Markets were still recovering from Trump’s decision last week to fire James Comey and amid congressional calls for an independent investigation of possible Russian interference with the U.S. election.
NZD/USD edged up 0.15% to trade at 0.6923, the highest since May 11.
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was slid 0.31% to 97.80, the lowest level since November.