Aussie and Kiwi recover for the second day in a row

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Source: Bloomberg
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The New Zealand and Australian dollars appreciated for the second consecutive day after Asian shares surged, boosting demand for riskier assets. Australian dollar added 0.6% to $0.9985 in Sydney, while its New Zealand's peer climbed 1% reaching $0.7609. Both currencies appreciated against Japanese yen. AUD/USD currently is trading at $0.9980 and NZD/USD is trading at $0.7593.

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Fri, 16 Dec 2011 09:31:46 GMT

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