11:33 AM (NZT) The Australian and New Zealand dollar's continue the weeks rampant form since Christmas. In the last 24hrs the NZD has been the standout reaching a high of .7691. The AUD has had a modern era high of 1.0184 and is poised to move through that level as rumours of a large M&A transaction boosts demand for the AUD.

Earlier on in the day the Kiwi dollar raced higher against the beleaguered Pound Sterling to reach a post float high of .4956 and establish it self again above the .5800 against the EURO.

This week has been an excellent example of the accentuted moves in very illiquid markets. One has to wonder if post financial year end for many institutions, will we see a reversal of these moves that have been made on no strong economic data?

		Last 24 hours trade
	Current level	Low	High
NZD/USD	0.7673	0.7535	0.7691
AUD/USD	1.0178	1.0084	1.0184
NZD/AUD	0.7540	0.7461	0.7543
AUD/NZD	1.3262	1.3257	1.3403
NZD/GBP	0.4952	0.4841	0.4956
NZD/EUR	0.5805	0.5759	0.5822
NZD/JPY	62.65	62.08	62.76
NZD/CAD	0.7675	0.7539	0.7696