The Australian dollar (Aussie) has dropped sharply against the American dollar, which fell for the most level in five days as concern that European debt crisis is going to bolster its hurting for the global economic recovery and the U.S. economy is slowing damped demand for higher-yielding currencies.

On the other hand, the New Zealand dollar (Kiwi) plunged to the most level in four days against its US counterpart after the US economy reported the deficit has widened $134.2 billion in August more then expected, also it continues its downside trend before the U.S. report that may show retail sales slowed.