Australian, NZ Dollars Drop On Growth, Policy Concerns
The Australian and NZ dollars weakened against their major
counterparts in the Asian session on Thursday, amid rising risk
aversion on continued worries over a slowdown in economic growth
due to the delta strain of the coronavirus and a possible pullback
in stimulus measures from central banks in the U.S. and Europe.
Strong U.S. job openings data and comments from several Fed
policymakers signaled that the U.S. central bank is likely to
reduce asset purchases this year.
The European Central Bank's monetary policy decision is due
later in the day, with economists expecting it to reduce the pace
of its emergency bond purchases from next quarter but to continue
bond buys until 2024.
Chinese authorities summoned gaming giants to discuss
implementation of new restrictions on video gaming for minors to
tackle addiction to playing games.
The regulations came after Beijing's recent clampdowns on a
range of sectors including technology, education and property.
The aussie dropped to 0.7347 against the greenback and 1.6079
against the euro, off its early highs of 0.7370 and 1.6030,
respectively. Next key support for the aussie is likely seen around
0.70 against the greenback and 1.62 against the euro.
The aussie hit a 1-week low of 80.92 against the yen, down from
a high of 81.25 logged at 6:15 pm ET. The aussie may locate support
around the 78.00 level.
The aussie retreated to 1.0365 against the kiwi, on track to
pierce a 9-day low of 1.0364 seen earlier in the session. The
currency is likely to face support around the 1.01 level.
In contrast, the aussie spiked higher to 0.9360 against the
loonie from yesterday's close of 0.9342. On the upside, 0.96 is
possibly seen as its next resistance level.
The kiwi slipped to 0.7082 against the greenback, 78.02 against
the yen and 1.6681 against the euro, following its prior highs of
0.7103 and 78.31 and a 2-day high of 1.6610, respectively. The kiwi
is poised to challenge support around 0.69 against the greenback,
76.00 against the yen and 1.68 against the euro.
Looking ahead, the European Central Bank will announce interest
rate decision at 7:45 am ET. The ECB is expected to hold its main
refi rate at a record low zero percent and the deposit rate at
U.S. weekly jobless claims for the week ended September 4 will
be published in the New York session.
NZD vs Yen (FX:NZDJPY)
から 11 2021 まで 12 2021
NZD vs Yen (FX:NZDJPY)
から 12 2020 まで 12 2021