- The Aussie and kiwi stabilized thanks to an Australian jobs report that just eclipsed expectations and a central bank decision from New Zealand that struck some as less dovish.
- Australia added 15,600 jobs in February, exceeding forecasts of 15,000. Unemployment fell by a notch to 6.3%, as expected.
- The RBNZ kept its key rate unchanged at 3.50%, which is tops among developed nations. Its statement struck a largely neutral tone though it did signal low rates for longer. The bank also voiced fresh worry about what it considers a still high value for the kiwi. The RBNZ next meets on April 30.