Posted by support on September 22, 2016

The kiwi posted early gains on Thursday in Asia after the New Zealand central bank held pat and the yen was a tad weaker with overnight moves by the Fed and Bank of Japan the subjects of speculation.

NZD/USD traded at 0.7343, up 0.03% after the RBNZ decision, while USD/JPY changed hands at 100.35, up 0.04% and AUD/USD traded at 0.7632, up 0.08%.

The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was last quoted down 0.53% to 95.46.

Overnight, the dollar slipped lower against the other major currencies on Wednesday, as investors parsed the Federal Reserve’s policy decision to hold steady and mulled whether the Bank of Japan's new policy measures represent starker easing.

The BoJ adopted "yield curve control" under which it will buy long-term government bonds to keep 10-year bond yields at current levels around 0%.