Australia, NZ dollars up slightly ahead of Yellen's take on Fed outlook

The Australian and New Zealand dollars were marginally up on Thursday as investors counted down to a much-anticipated speech by Federal Reserve Chair Janet Yellen for more clarify on the outlook for US interest rates.

The Australian dollar was up 0.2 per cent at US$0.7627. It is mostly unchanged so far this week, trapped in a tight range of US$0.7584 to US$0.7655.

The Aussie has added more than 5 per cent in the last two months but has been muted in August largely due to conflicting views on US monetary policy.

Investors are now looking to Ms Yellen's speech in Jackson Hole, Wyoming, on Friday for insight on the US monetary policy outlook.Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg