Investing.com - The Australian and New Zealand dollars moved higher against their U.S. counterpart on Tuesday, despite the release of disappointing Australian data as sentiment on the greenback became vulnerable ahead of the Federal Reserve's last policy meeting of the year.
AUD/USD rose 0.24% to 0.7545.
The greenback weakened although the Fed is widely expected to raise interest rates by 0.25% at its policy meeting this week.
Earlier Tuesday, the Australian Bureau of Statistics said its house price index fell 0.2% in the third quarter, confounding expectations for a 0.6% ride, after an increase of 1.9% in the three months to June.
Separately, the National Australia Bank said its business confidence index slipped to 6 in November from a reading of 8 the previous month.
NZD/USD gained 0.36% to trade at 0.6936, the highest since November 28.
The kiwi was boosted by the appointment of Adrian Orr, a former central bank official, to head the Reserve Bank of New Zealand as of March 2018.
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was little changed at 93.87 by 02:15 a.m. ET (06:15 GMT).