The Australian and New Zealand dollars edged up on Thursday on hopes for more US stimulus to support growth and fresh policy measures to keep the euro zone's debt crisis from deepening further, though sentiment remained fragile.
The New Zealand dollar inched up 0.2 percent on the day to $0.7925 after the Reserve Bank of New Zealand kept interest rates at a record low 2.5 percent, and gave no indication that a cut may be in the cards. The Australian dollar was firm at $1.0336, having bounced sharply from a one-week trough of $1.0170 hit on Wednesday catching many bears short.
The euro came under pressure and nearer to all-time lows hit earlier this week against the Antipodeans. It last traded at A$1.1757, from a trough of A$1.1690, and NZ$1.5334 from a bottom of NZ$1.5158. Against the yen, the Aussie also held on gains to last stand at 80.58 yen, from a one-month low of 79.49, while the kiwi scrabbled back to 61.75 from 60.93.
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