The New Zealand Dollar picked up as the market digested the RBNZ’s dovish statement and tested the 0.6000 psychological level, as the market mood brightened somewhat in Wednesday’s early European session.
The Euro (EUR) extends its advance against the Japanese Yen (JPY) for the second straight session on Tuesday, as the Yen weakens broadly across major currencies.
The AUD/JPY edged up on Monday and gained 0.17%, finishing the day near 94.79 as traders digested actions by the White House, which sent several letters to countries, setting tariffs on their imports into the US. Although it usually triggered a risk-off impulse, the Yen failed to gain traction.