Australian, NZ Dollars Weaken In Cautious Trade
The Australian and NZ dollars fell against their major
counterparts in the Asian session on Friday, as Asian shares are
mostly lower following a sell-off on Wall Street overnight, with
weak economic data, prospects of higher interest rates and
U.S.-Russia tensions dampening sentiment.
Overnight data showed that U.S. weekly jobless claims touched a
three-month high last week, signaling that the omicron variant
could impact the labor market recovery.
Investors cautiously await the Federal Reserve's meeting due
next week, which is expected to shed move clues on the rate hike
cycle starting in March.
U.S. Secretary of State Antony Blinken and Russian Foreign
Minister Sergei Lavrov will hold talks in Geneva amid threat of a
potential invasion of Ukraine.
Traders remain concerned about Covid-19 cases in Australia,
though on a slight decline. New South Wales reported 25,168 new
cases and 46 deaths on Thursday and Victoria also reported 18,167
new cases and 29 deaths. Queensland recorded 16,031 new cases and
13 deaths as well as Tasmania reported 866 new cases and the first
The aussie declined to 2-day lows of 0.7182 against the
greenback and 0.8999 against the loonie, after reaching as high as
0.7229 and 0.9037, respectively in early deals. The aussie may find
support around 0.70 against the greenback and 0.88 against the
loonie, should it drops again.
The aussie reversed from an early high of 1.5642 against the
euro, hitting a 2-day low of 1.5765. Against the yen, it touched
81.65 for the first time since December 22. Next immediate support
for the aussie is seen near 1.62 against the euro and 80.00 against
The kiwi depreciated to more than 4-week lows of 76.47 against
the yen and 0.6723 against the greenback, reversing from its prior
highs of 77.13 and 0.6759, respectively. The kiwi is seen
challenging support around 75.00 against the yen and 0.66 against
The kiwi weakened to a 3-day low of 1.6843 against the euro,
after rising to 1.6728 at 5 pm ET. On the downside, 1.70 is
possibly seen as its next support level.
The kiwi dropped below the key 1.07 level against the aussie,
touching a 6-1/2-month low of 1.0705. The kiwi may face support
around the 1.09 level.
Looking ahead, Canada retail sales for November and new housing
price index for December will be featured in the New York
Eurozone flash consumer sentiment index for January and U.S.
leading index for December will be out at 10:00 am ET.
AUD vs Yen (FX:AUDJPY)
から 4 2022 まで 5 2022
AUD vs Yen (FX:AUDJPY)
から 5 2021 まで 5 2022