Australia, NZ dlrs try to rally, lockdowns make it hard : vimarsana.com

Australia, NZ dlrs try to rally, lockdowns make it hard


3 Min Read
SYDNEY, July 22 (Reuters) - The Australian and New Zealand dollars were trying to sustain a rally on Thursday as global sentiment improved a little, though the mounting economic impact of lockdowns in Australia meant risks remained to the downside.
The Aussie bounced to $0.7350, having hit an eight-month trough of $0.7290 overnight. It needs to get above resistance at $0.7410 to break the current downtrend, which has now been running for five weeks.
The kiwi dollar was hanging on at $0.6950, after also touching an eight-month low at $0.6882. Support lies at $0.6920 with resistance around $0.6980 and $0.7050.
A rebound in world stock markets helped lessen the pressure on risk currencies, and the Aussie got some help from data showing Australia boasted a record goods surplus in June.

Related Keywords

China , Australia , New Zealand , Sydney , New South Wales , Chinese , Aussie , Australian , Wayne Cole , Andrew Ticehurst , Himani Sarkar , Thomson Reuters Trust Principles , Reuters , Reserve Bank , Thomson Reuters Trust , சீனா , ஆஸ்திரேலியா , புதியது ஜீலாந்து , சிட்னி , புதியது தெற்கு வேல்ஸ் , சீன , ஆஸி , ஆஸ்திரேலிய , வேன் கோல் , ஹிமானி சர்க்கார் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , ராய்ட்டர்ஸ் , இருப்பு வங்கி , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ,

© 2024 Vimarsana