The Australian and New Zealand dollars were on the defensive against the yen and euro on Tuesday, with talk of repatriation of funds back to Japan and hawkish comments from a European central banker weighing on commodity currencies. The Australian dollar softer on day at 82.15 yen, having plumbed a six-week trough of 81.49 yen on Monday. Resistance seen at 82.85 yen and support around 82.00.
The NZ dollar hovering around 60.24 yen, having hit a near seven-month low of 59.44 yen overnight. Aussie holding up around $1.0051, from $1.0099 in New York. Support seen around $0.9966 with resistance at $1.0162. The kiwi hovering around $0.7370 from $0.7400 in New York, well-off a six-month trough of $0.7322 hit last week. Currency seen supported at $0.7322 but capped at $0.7457. Aussie steady against the kiwi, trading around NZ$1.3627, still not far from last week's 19-year peak of NZ$1.3794.