The Australian and New Zealand dollars held steady versus the greenback on Friday, as the Federal Reserve's more dovish stance and improved prospects for a U.S.-Sino trade deal boosted investor risk appetite.
On Wednesday, the U.S. central bank held interest rates steady as expected but discarded pledges of “further gradual increases” in interest rates, and said it would be “patient” before making any further moves.
The Australian dollar was steady at $0.7266. The Aussie hit $0.7295, its highest since Dec. 5 on Thursday. The kiwi was at $0.6969, marginally higher versus the greenback.
Source : Reuters