10 Jul 2014
AUD/NZD post lowest close since March
FXStreet (Córdoba) - The AUD/NZD fell on Thursday for the fourth day in a row and closed at 1.0650, posting the lowest daily close since March 21. On the positive side for the Aussie, the pair was able to finish far from the lows.
A mixed employment report in Australia weakened the Aussie, that was the worst performer among majors with the Euro. The AUD/NZD peaked at 1.0705 after the numbers were released but then reversed sharply and tumbled to 1.0622.
On European hours recovered ground and rose toward 1.0650. During most of the American session moved in a small trading range between 1.0650 and 1.0640. Currently is stable, in the mentioned range, ahead of the last Asian session of the week.
A mixed employment report in Australia weakened the Aussie, that was the worst performer among majors with the Euro. The AUD/NZD peaked at 1.0705 after the numbers were released but then reversed sharply and tumbled to 1.0622.
On European hours recovered ground and rose toward 1.0650. During most of the American session moved in a small trading range between 1.0650 and 1.0640. Currently is stable, in the mentioned range, ahead of the last Asian session of the week.