The Australian dollar came off vis-à-vis the U.S. dollar today as the Aussie tested bids around the US$ 0.8880 level and was capped around the $0.9015 level. Technically, today’s intraday low was right around the 38.2% retracement of the move from $0.7675 to $0.9400. Australian dollar bids are cited around the US$ 0.8535 level. The New Zealand dollar moved lower vis-à-vis the U.S. dollar |
source: DTN Market Access |
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| part 1...today as the kiwi tested bids around the US$ 0.7545 level and was capped around the $0.7660 level. Data released in New Zealand today saw Q3 retail sales rise 0.2% q/q. New Zealand dollar bids are cited around the US$ 0.7415 level.
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