The Australian dollar and the New Zealand currency rebounded to compensate yesterday's losses, as the investors have increased their demands on higher yielding assets due to the European Central Bank is going to contain the crisis that threaten the global economy, while the Greek prime minister won a confidence vote to keep his government in power.

On the other hand, the Federal Reserve will keep its benchmark interest rate unchanged as the US economy slowed during the period, damping the demand for the greenback.

Moreover, the NZ dollar (the Kiwi) has witnessed little changes after the NZ economy reported that the current account deficit for the 1st quarter came better than a previous.