Australian, New Zealand currencies advance; yen weakens again

The New Zealand dollar saw gains again on Thursday, and this time there seemed to be no efforts by the Reserve Bank of New Zealand to interfere with its rise. The kiwi had added 0.3 percent to ¥94.10 by midday trade in New York, a 20-year high against the Japanese currency, while it was 0.4 percent up on the greenback, to $0.7620, a 22-year high.

The Australian dollar saw advances during the day, as well. It gained 0.4 percent against the US dollar, to $0.8465, while it also added 0.4 percent to ¥104.62 versus the yen.

The US dollar remained steady against the euro and sterling, while it added 0.4 percent to C$1.0715 in relation to the Canadian dollar after retail sales data in Canada was not as robust as had been expected. In midday trade, the greenback sat at $1.9920 against sterling while it traded at $1.3400 versus the euro.

The yen, meanwhile, saw declines on the day. It dropped 0.1 percent versus the US dollar, the euro and sterling to trade at ¥123.60 in relation to the greenback, while it was at ¥165.60 against the euro and at ¥246.10 versus sterling.

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