Wednesday, 19 December 2012 11:19
Posted by Imaduddin
WELLINGTON/SYDNEY: The Australian and New Zealand dollars lost some ground against the euro and US dollar on Wednesday, but held near multi-year peaks against the yen on expectations the Bank of Japan will ease policy aggressively later this week.
The euro climbed to two-month highs of A$1.2602 and two-week peaks of NZ$1.5800 on tentative signs of progress in the US fiscal talks.
"There is a lot of optimism about Europe with Greece getting a six-notch ratings upgrade ...