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Morning roundup: Moves in AUD and NZD, light day for Euro data

FXstreet.com (London) – Overnight, the biggest moves came from AUD and NZD

The Aussie dollar was pushed higher on comments from Reserve Bank of Australia deputy governor Philip Lowe. Responding to a Q&A question on central bank intervention in the currency, Lowe said: “We don’t rule intervention in or out, that’s been a long-standing practice.”

“In the past, we have been prepared to intervene in the currency market when it’s clear the currency was misaligned or the market wasn’t working well. The threshold for intervention though is fairly high.”

The comment come after RBA governor Glenn Stevens last week said currency …read more