SYDNEY/WELLINGTON, April 6 (Reuters) - The Australian and New Zealand dollars strengthened slightly on Wednesday, following two sessions of declines, as risk sentiment improved somewhat due to a rebound in oil prices.
The Australian dollar AUD=D4 edged up 0.2 percent to $0.7560 AUD=D4 , having found a tentative floor near 75 cents overnight. It was still down some 2 percent from a nine-month peak of $0.7723 reached last week.
The Aussie also drifted up against the euro and yen. It pulled up to 83.54 yen AUDJPY=R , from a one-month trough of 82.66. Against the kiwi, the Aussie dipped back below NZ$1.1100 AUDNZD=R as its New Zealand peer outperformed on the back of higher dairy prices.
Global dairy prices rose while volumes increased in this month's first auction by New Zealand's Fonterra Co-operative Group, the world's biggest dairy exporter.
Fonterra's GDT Price Index climbed 2.1 percent, with an average selling price of $2,188 per tonne, at Tuesday's auction.
"While there was no formal poll, the result looked to be a touch better than the whisper numbers heading into the auction," analysts at National Australia Bank wrote in a note to clients.
Against the greenback, the kiwi held its ground above 68 U.S. cents NZD=D4 , having bounced off a one-week low of $0.6759.
New Zealand government bonds 0#NZTSY= were subdued with yields a touch lower. Equally lacklustre, Australian three-year government bond futures YTTc1 inched up a tick to 98.170. The 10-year contract YTCc1 put on 1.5 ticks to 97.5650.