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Trading news
11 Apr 2013
Forex: AUD and NZD at multi-month highs
FXstreet.com (Córdoba) - The Antipodean currencies are among the best performers on Thursday securing important gains versus the greenback benefited by the risk on mood.
AUD/USD extended gains into a fourth day and reached a fresh 3-month high of 1.0581 before easing slightly. The pair is currently trading at the 1.0570/75 area, with immediate resistance at 1.0600.
The kiwi dollar seems unstoppable, having gained over 250 pips this week to hit a 20-month peak of 0.8675 on Thursday. At time of writing, NZD/USD is trading around 0.8665/70, recording a 1.1% advance on the day.
AUD/USD extended gains into a fourth day and reached a fresh 3-month high of 1.0581 before easing slightly. The pair is currently trading at the 1.0570/75 area, with immediate resistance at 1.0600.
The kiwi dollar seems unstoppable, having gained over 250 pips this week to hit a 20-month peak of 0.8675 on Thursday. At time of writing, NZD/USD is trading around 0.8665/70, recording a 1.1% advance on the day.