Steadier oil prices, China hopes buoy A$ and NZ$

London

THE Australian and New Zealand dollars were the only big movers on major currency markets on Tuesday, buoyed by steadier oil prices and hopes of more official action to support growth in China.

The US dollar, yen, euro and sterling were all tied down in tight ranges with dealers and analysts increasingly confident of ruling out further big moves before the end of the year in sagging volumes of trade.