SYDNEY: The Australian and New Zealand dollars snapped four sessions of gains and fell on Thursday, after the US Federal Reserve set off a wave of dollar buying by announcing no new aggressive easing measures after its overnight policy meeting.
The Aussie caught a brief surge in support after surprisingly robust jobs data, but soon fell back to trade 0.4% lower at $0.7278.
The kiwi dipped 0.6% to $0.6692 and the US dollar rose broadly across the board.
Both the Aussie and kiwi remain broadly steady for the week and most traders don't expect further weakness since the big picture of a US central bank determined to keep rates low for a long time remains intact.
Australian government bond futures were flat at the longer end, with the 10-year contract steady at 99.08. The three-year bond contract fell one tick to 99.725.
New Zealand government bonds extended a Wednesday rally in the wake of an upbeat pre-election fiscal update which showed improved tax-take and economic forecasts.
The yield on 10-year New Zealand government debt fell 1.3 basis points to 0.595% and five-year yields edged down to a record-low 0.028%.
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