FXstreet.com (San Francisco) - The Australian and New Zealand dollars remain trading at multi-weak highs against their U.S. counterpart on the back of broad USD weakness, as the market continues to price in a positive ESM ruling & new stimulus from the Fed.
AUD/USD is now holding steady at 1.0440 in late North American trade, set to record a 1% gain on the day at the closing bell. The pair managed to push above the 1.0400 resistance area to extend as high as 1.0447, a price not seen since August 23. NZD/USD is now trading in the 0.8180 area, a price not seen since August 7, poised to record a 1.2% gain at the closing bell in New York at the top of the hour.
AUD/USD is now holding steady at 1.0440 in late North American trade, set to record a 1% gain on the day at the closing bell. The pair managed to push above the 1.0400 resistance area to extend as high as 1.0447, a price not seen since August 23. NZD/USD is now trading in the 0.8180 area, a price not seen since August 7, poised to record a 1.2% gain at the closing bell in New York at the top of the hour.
