The Australian dollar was buffeted thanks to the release of some powerful data on Wednesday. The Westpac Banking Corporation stated that Australian consumer sentiment rose over 8% this month, a significant increase on January’s rise of 2.4%. A separate report showed further strength in the Australian economy, thanks to an increase of home loans in the country.
The New Zealand dollar moved marginally higher against it US counterpart, but these gains remained limited as speculation surrounding the Greece situation continued to dominate the markets.
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