THE Australia and New Zealand dollars were headed for weekly gains on Friday, as signs of progress in both countries to rein in the pandemic raised hopes their economies were closer to reopening.
The Australian dollar advanced 0.2% to $0.7414 to hover near its Aug. 4 high. The currency was up 1.3% for the week and 4% on the last two weeks, its best performance since May last year. Resistance is now at the August top of $0.7426.
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