Australian and New Zealand Dollars appreciate after home-loan data

Source: Bloomberg
© Scanpix/Reuters
The Aussie and Kiwi gained after home-loan approvals report showed an increase at faster pace than forecasted in Australia. The Australian Dollar approached 93.87 U.S. cents, the highest level since November 20, ahead of being at 93.66 at 6:48 a.m. London time, adding 0.1% from Tuesday. The Kiwi advanced 0.3% to 87 U.S. cents, while the U.S. dollar traded at $1.3790 per Euro.
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