Australian and New Zealand dollars steady

02 Nov, 2012

The Australian and New Zealand dollars held steady on Thursday, overlooking data showing signs of a recovery in the Chinese economy with markets cautious ahead of an influential US jobs report due out later this week. The Aussie paused near $1.0371, versus $1.0373 in early trade, having finished flat for the month of October.
The New Zealand dollar was calm, trading at $0.8220, from $0.8217 early. It gained 0.3 percent to around 65.85 yen due to broad weakness in the Japanese currency.

Read Comments