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Australian and NZ dollars subdued as holiday lull sets in SYDNEY/WELLINGTON: The Australian and New Zealand dollars held their ground against the greenback on Thursday but were trapped in a slim trading range ahead of a four-day long Easter weekend and key event risks next week. Australian consumer inflation data on Wednesday and an interest rate decision by the Reserve Bank of New Zealand (RBNZ) on Thursday could well shape the short-term outlook for both currencies. The Aussie last stood at $0.9377, having drifted between $0.9364 and $0.9390 so far. Likewise, the kiwi traded in a thin $0.8620 and $0.8649 range after bouncing back from the 10-day low of $0.8578 hit overnight.Both Antipodeans eased against the yen as investors bought back the safe-haven Japanese currency with the Nikkei struggling to stay in positive territory. The Aussie and kiwi shed 0.1 percent to 95.64 and 88.01, respectively. Against the kiwi, the Aussie was steady at NZ$1.0862.It briefly popped above NZ$1.0900 for ...

Australia & NZ dollars steadier, up against euro SYDNEY/WELLINGTON: The Australian and New Zealand dollars climbed against a broadly softer euro on Monday and were generally better-bid as Asian equities appeared to be stabilising after a punishing selloff. The euro dipped to A$1.4738 and NZ$1.5959, having retreated from Friday's session high of A$1.4835 and NZ$1.6106. Investors took aim at the euro after European Central Bank officials stepped up their verbal campaign against the currency, saying further policy easing would be needed if the ...
Australia, NZ dollars surge on upbeat local data and rate outlook SYDNEY/WELLINGTON: The Australian dollar climbed to a 4-1/2-month peak on Thursday as startlingly strong jobs data added to the case for a steady interest rate outlook, while the New Zealand dollar climbed to a 2-1/2-year high following another upbeat economic report. The Aussie leapt more than half a cent to $0.9440, its highest since late November, before easing back to $0.9410. It was still sharply higher for the week to show a gain of 1.3 ...
NZ dollar extends gains, hits 2 1/2-year high vs US dollar WELLINGTON: The New Zealand dollar hit a 2 1/2-year high against the US dollar on Thursday as investors speculated its rate advantage against the greenback would increase after Federal Reserve minutes suggested US rates would stay low for months to come. The kiwi climbed to $0.8735, its highest level since August 2011. It rose to 80.99 against a currency basket , according to Reuters data, just shy of a post-float high around 81.03 hit in ...
Australian dollar takes a breather, NZD up for 3rd session SYDNEY/WELLINGTON: The Australian dollar conserved its energy on Tuesday after repeatedly failing to break resistance above 93 cents, while the New Zealand dollar's relatively high interest rates helped it climb for a third straight session. The Aussie was firm at $0.9282, within sight of a 4-1/2-month peak of $0.9310 touched last week.The 93 cent barrier has proved a major obstacle to bulls, who have failed four times to sustain a break. Still, the Aussie managed ...
Australia, NZ dollars hold near highs vs USD and euro SYDNEY/WELLINGTON: The Australian and New Zealand dollars held near recent highs versus their US counterpart and the euro on Monday as upbeat local data and talk about stimulus measures in Europe encouraged investors to buy riskier assets. The Aussie hovered around $0.9285, near a triple top around $0.9308-10, the highest level since November. A break above that level would target key resistance at $0.9340, the 61.8 percent retracement of the October-January fall. Underpinning the Aussie ...
Euro knocked lower by dovish ECB, US jobs data next SYDNEY: The euro traded at one-month lows against the dollar early on Friday, having suffered a bit of a setback after the European Central Bank notched up its dovish rhetoric following a widely expected decision to leave interest rates unchanged.ECB President Mario Draghi said the Governing Council was unanimous in its commitment to also using "unconventional instruments within its mandate in order to cope effectively with risks of a too prolonged period of low inflation".Long ...


Index Closing Chg%
Arrow DJIA 16,982.59 0.13
Arrow Nasdaq 4,444.91 0.10
Arrow S&P 1,978.91 0.03
Arrow FTSE 6,788.07 0.05
Arrow DAX 9,598.17 0.48
Arrow CAC-40 4,344.77 0.33
Arrow Nikkei 15,529.40 0.46
Arrow H.Seng 24,428.63 0.88
Arrow Sensex 25,991.23 0.52

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln