Aussie and Kiwi rally as stock markets rebound

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Source: Bloomberg
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New Zealand and Australian currencies strengthened on Thursday as US shares recovered and data showed Australian employers added nearly 7 times more new jobs than predicted in March. Aussie rose 0.5% versus its US peer to USD 1.0301 while Kiwi jumped 0.4% to USD 0.8181. Currently AUD/USD is trading at 1.0390 and NZD/USD is trading at USD 0.8208. 
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Thu, 12 Apr 2012 07:07:32 GMT

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