The Australian dollar fell to one-week lows on Wednesday and came within striking distance of parity against a broadly stronger greenback, hit by profit taking and falling commodity prices. The Aussie last traded at $1.0022, near the session low of $1.0011. Immediate support was seen at $0.9987, its December 27 low, followed by $0.9918.
The New Zealand dollar fell to one-week lows around $0.7629 and was down about 2 percent so far this year as well, having closed out 2010 near a two-week high of $0.7815. The kiwi was last at $0.7637. Initial support kiwi was seen currently at around $0.7614, while resistance was around $0.7779. The Aussie fell to around NZ$1.3057, from this week's high of NZ$1.3163, having shed more than 2 percent in two weeks.