Investing.com - The Australian and New Zealand dollars were steady against their U.S. counterpart on Monday, as sentiment on the greenback remained vulnerable after the Federal Reserve’s latest policy decision, while downbeat New Zealand trade data weighed on the local currency.
AUD/USD was little changed at 0.7625.
Markets were still digesting the he Fed’s decision to leave interest rates unchanged at the conclusion of its policy meeting on Wednesday, although it hinted that a hike could come in December if the job market continued to improve.
NZD/USD held steady at 0.7246.
Statistics New Zealand said over the weekend that the trade deficit widened to NZ$1,265 million in August from NZ$433 million the previous month.
Analysts had expected the trade deficit to widen to $NZ766 million last month.
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was steady at 95.40.