Aussie drops, kiwi higher after data

Aussie drops, kiwi higher after data

26 November 2015, 07:42
News
0
552

The Australian dollar fell on Thursday in Asia after downbeat capital spending data for private new capital.

The New Zealand dollar was supported after trade data.

AUD/USD traded at 0.7232, down 0.28%, while USD/JPY traded at 122.60, 0.12% lower.

In Australia, capital expenditure data for the third quarter with private new capital expenditure dropped 9.2%, compared to a 3.0% drop seen.

NZD/USD reversed the decline after data to trade at 0.6592, up 0.19%.

In New Zealand, the trade balance for October showed a deficit of NZ$963 million month-on-month and NZ$3.24 billion year-on-year, both slightly better than expected.

Share it with friends: