Australian, NZ dollars climb on yen, but lose ground to dollar



On Tuesday, the Australian and New Zealand dollars gained against the yen following recent declines, although they weakened further against the US dollar amid ongoing market concerns about a potential Donald Trump presidency.

The Aussie rose 0.2% to 106.98 yen, marking its first rebound in four sessions, after suspected intervention from Tokyo last week disrupted the widely used carry trade.

Comments