The Australian dollar rose to a fresh yearly high of 0.9370 against the greenback and remains the best performing currency on Thursday after bouncing back from the low (0.9261), while the New Zealand dollar weakened for the second-day, with the exchange rate crossing back below the 20-Day SMA (0.7377) after rising to a high of 0.7442 during the Asian trade.

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Australian Dollar Hits Fresh Yearly High, New Zealand Dollar Slips Below 20-Day SMA