SYDNEY/ WELLINGTON, March 21- The Australian dollar held steady on Thursday as the market took a guarded reaction to news the country's prime minister was facing a leadership challenge from within her own party, which could have an impact on government policy.
SYDNEY/ WELLINGTON, March 21- The Australian dollar held steady on Thursday as the Federal Reserve said it would maintain easy monetary policies to boost U.S. economic growth, while fears about a default by Cyprus eased for now, helping improve sentiment.
By Cecile Lefort and Gyles Beckford. SYDNEY/ WELLINGTON, March 15- The Australian dollar closed in on the 100 yen level Friday as recent upbeat data lessened the risk of further rate cuts at home even as a change of guard at the Bank of Japan heralded a new age of quantitative easing for the Asian giant.
SYDNEY/ WELLINGTON, March 15- The Australian dollar was within a whisker of reaching 100 yen on Friday as the new heads of the Bank of Japan finally won approval, while the New Zealand currency nursed a grudge against its own dovish-sounding central bank. A break of the psychological 100 yen barrier would open the way to the 2008 peak above 104..
SYDNEY, March 15- The rally in the U.S. dollar took a breather on Friday as sterling enjoyed a short squeeze, while the Australian dollar made the most of a barnstorming employment report at home. Still, it is up nearly 5 percent from its Feb. 1 trough of 78.918.