Aussie and Kiwi recover as stocks retreat - News - Dukascopy Bank

Fri, 30 Dec 2011 09:00:09 GMT
Source: Bloomberg
 
© Scanpix/

New Zealand and Australian Dollars strengthened on Friday against their major trading counterparts as Asian stocks recovered, stimulating demand for more risky assets. Both Australian and New Zealand Dollars gained 0.2% against US Dollar reaching $1.0155 and $0.7726 respectively. Appreciation in both currencies also was fuelled by expectations on next week data that may show US manufacturing has escalated. 


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