Australian, NZ Dollars Firm On Hopes For Stimulus Deal
The Australian and NZ dollars moved up against their major
counterparts in the Asian session on Thursday, as strong U.S. data
and optimism over a stimulus deal underpinned risk sentiment.
Treasury Secretary Steven Mnuchin said that there is progress in
stimulus talks on coronavirus relief bill and would continue to
negotiate with Democrats.
Better-than-expected ADP private payrolls data raised
expectations that the last U.S. jobs report before the November
election due out later this week will probably show the labor
market's rebound continued in September.
Survey from IHS Markit showed that Australia's manufacturing
sector continued to expand in September, and at a faster rate, with
a manufacturing PMI score of 55.4.
That's up from 53.6 in August and it moves further above the
boom-or-bust line of 50 that separates expansion from
The aussie climbed to a 9-day high of 0.7189 against the
greenback and a 10-day high of 75.86 against the yen, after falling
to 0.7155 and 75.45, respectively in previous deals. The aussie is
poised to find resistance around 0.73 against the greenback and
78.00 against the yen.
Reversing from its early lows of 1.6378 against the euro and
0.9525 against the loonie, the aussie edged up to 1.6331 and
0.9554, respectively. Next key resistance for the aussie is
possibly seen around 1.62 against the euro and 0.98 against the
The NZ currency appreciated to an 8-day high of 0.6641 against
the greenback and a 10-day high of 70.07 against the yen, up from
its previous lows of 0.6608 and 69.69, respectively. The kiwi is
seen finding resistance around 0.68 against the greenback and 72.00
against the yen.
The kiwi gained to 1.7692 against the euro, following a fall to
1.7719 at 9:30 pm ET. If the kiwi rises further, 1.74 is likely
seen as its next resistance level.
The kiwi recovered to 1.0810 versus the aussie, off its early
low of 1.0834. On the upside, 1.06 is likely found as its next
Looking ahead, PMI reports from major European economies,
Eurozone PPI and jobless rate for August are due in the European
Canada building permits for August, U.S. weekly jobless claims
for the week ended September 26, ISM manufacturing for September,
construction spending for August and personal income and spending
data for the same month will be released in the New York
NZD vs Yen (FX:NZDJPY)
から 12 2020 まで 1 2021
NZD vs Yen (FX:NZDJPY)
から 1 2020 まで 1 2021