Aussie touches 3-week highs, kiwi hovers around 16-month peak


The Australian rose to three-week highs against its U.S. counterpart on Thursday, after upbeat Australian trade balance data, while the New Zealand dollar continued to hover near a 16-month peak as sentiment on the greenback remained fragile.

AUD/USD rose 0.29% to 0.7694, the highest since August 18.

NZD/USD edged up 0.19% to trade at 0.7463, not far from Wednesday’s 16-month high of 0.7487.

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The author Paul