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The Australian and New Zealand dollars got a hand-up from upbeat data at home on Thursday, though markets were super-cautious ahead of a key European Central Bank meeting that could roil asset prices later in the session.
The Aussie trimmed losses and edged up 0.2 percent on the day to $1.0480 after the nation's retail sales rose a strong 1 percent in June, outpacing expectations for a second straight month. The New Zealand dollar loitered around $0.8090, from $0.8074 late in NYC. It stumbled to $0.8068 after the Fed announcement from a fresh three-month high of $0.8144.

Copyright Reuters, 2012

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