Forex - Aussie, kiwi move higher vs. weaker greenback

© Reuters. Aussie and kiwi gain ground, Australian trade data supports

Investing.com – The Australian and New Zealand dollars moved higher against their U.S. counterpart on Thursday, after the release of upbeat Australian trade data and as uncertainty over the outcome of the U.S. presidential election continued to weigh on the greenback.

rose 0.25% to 0.7679.

The Australian Bureau of Statistics said the narrowed to A$1.227 billion in September from A$1.894 billion in August, whose figure was revised from a previously estimated deficit of A$2.010 billion.

Analysts had expected the trade deficit to narrow to A$1.700 billion.

advanced 0.44% to trade at 1.2340, the highest since September 27.

The greenback remained under pressure since the FBI said last Friday that it would review more emails related to Hillary Clinton’s private email use while she was secretary of state.

The news sparked fresh uncertainty over Mrs. Clinton’s election prospects ahead of the November 8 vote, amid fears over the implications of a victory for Republican candidate Donald Trump.

The greenback also weaked after U.S. payroll processing firm ADP reported on Wednesday that rose 147,000 last month, below forecasts for an increase of 165,000.

The , which measures the greenback’s strength against a trade-weighted basket of six major currencies, was down 0.27% at 97.13, the lowest since October 11.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Forex - Aussie, kiwi move higher vs. weaker greenback