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3 Jun 2014
AUD/NZD hits fresh 5-month highs, eyes 1.1000
FXStreet (Córdoba) - The AUD/NZD soared during the American session and jumped from 1.0935 to 1.0988, reaching the strongest level since December 11, 2013. Price remains near the highs and close to the 1.1000 area.
The New Zealand dollar plummeted across the baord pushing the AUD/NZD to the upside.
AUD/NZD pullbacks, then resumes upside
After posting important gains last week, the AUD/NZD fell moderately last Friday and yesterday, when it bottomed at 1.0912. During the recent Asian session, the pair moved in ranges following the release of Australian economic data and RBA statement but holding bullish moment.
Recently broke above previous highs and rose approaching the 1.1000 mark.
The New Zealand dollar plummeted across the baord pushing the AUD/NZD to the upside.
AUD/NZD pullbacks, then resumes upside
After posting important gains last week, the AUD/NZD fell moderately last Friday and yesterday, when it bottomed at 1.0912. During the recent Asian session, the pair moved in ranges following the release of Australian economic data and RBA statement but holding bullish moment.
Recently broke above previous highs and rose approaching the 1.1000 mark.