- The Australian Reserve bank held interest rates at 2% which has seen the Australian dollar gain ground across the board this morning as investors had been worried about further interest rate cuts.
- It was also quiet day for the New Zealand dollar, which strengthened against the sterling. Today there is a host of influential data out. In the country – late in the day sees the publishing of employment change and unemployment rate data. Both of these results came out below expectation last time, so investors will be keen to see if they will hit their marks today.
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