The data overnight, if anything, has sharpened interest in the central bankers' retreat at Jackson Hole, Wyoming, where Fed chairman Ben Bernanke's speech will be especially scrutinised. The retreat may be less of a talk-fest as the Wall Street Journal has reported European Central Bank President Mario Draghi is too busy to attend.
Sinton said there are "buyers below 80 cents" for the kiwi though the currency is still likely to track lower as the month of September looms as a "very big month for currencies" with investors awaiting the Federal Reserve's policy meeting, the ECB, the German Constitutional Court, the Reserve Bank of New Zealand and the Reserve Bank of Australia.
The RBA's monetary policy review next week may be more muted than previously thought as key benchmark iron ore prices have tumbled, eroding the value of Australia's iron ore exports, which amounted to A$64 billion, or 25 percent of total shipments in 2011.
The Australian dollar recently traded at US$1.0348 from US$1.0363 yesterday.
The kiwi dollar fell to 77.24 Australian cents from 77.59 cents late yesterday and slipped to 62.98 yen from 63.20 yen. The New Zealand dollar fell to 63.90 euro cents from 64.03 cents and dipped to 50.55 British pence from 50.86 pence.
