The Asian market session was highlighted by the publication of Australian employment data and New Zealand's economic growth.
Australian employment rebounded in February, with the unemployment rate falling back to its lowest level since August 1974 at 3.5% from 3.7% previously.
Figures from the Australian Bureau of Statistics also showed net employment rose by 64,000 last month, after registering a decline of 10,900 in January.
This strengthening has supported the Aussie dollar's antipodean currency to post a recovery from earlier falls caused by concerns over the Credit Suisse crisis.
In contrast to the kiwi dollar, the currency remained trading lower after a dismal reading of New Zealand's gross domestic product (GDP) data.
New Zealand's economy unexpectedly contracted in the fourth quarter of 2022 by 0.6% from the 1.7% growth recorded in the previous quarter.
This led the market to place expectations that New Zealand's central bank will slow the pace of interest rate hikes at its next policy meeting.
