Australian and New Zealand Dollars gain after Bernanke statement

Source: Bloomberg
© Scanpix/Agence France-Presse
Australian currency advanced to the highest level in last two weeks after the Fed's Bernanke indicated that the monetary stimulus programme will remain unchanged in the nearest future. The Aussie rose 1.1% to 92.75 U.S. cents at 4:42 p.m. Sydney time from Wednesday, after earlier reaching 93.06. The Kiwi climbed 1.3% to 79.40 U.S. cents, after touching 79.69, while it gained 0.2% to NZ$1.1682 per Australian Dollar.

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