Australian Dollar Hits Fresh Yearly High, New Zealand Dollar Slips Below 20-Day SMA (Daily FX)

The Australian dollar rose to a fresh yearly high of 0.9370 against the greenback and remains the best performing currency on Thursday after bouncing back from the low , while the New Zealand dollar weakened for the second-day, with the exchange rate crossing back below the 20-Day SMA after rising to a high of 0.7442 during the Asian trade.