Aussie and Kiwi are at 4-month peaks vs. weaker US dollar

Aussie and Kiwi are at 4-month peaks vs. weaker US dollar

On Monday, the Australian and New Zealand dollars were keeping to four-month maximums versus their American rival because the broadly stronger common currency kept weighing heavily on the US currency notwithstanding Friday's mostly positive American data.

The currency pair AUD/USD tacked on 0.34% hitting 0.7944, which is the highest value since September.

The common currency strengthened broadly because Thursday’s minutes of the European Central Bank’s December gathering told that officials could move to a gradual shift in policy guidance from the first quarter 2018.

Any changes to the ECB’s guidance would probably be considered by market participants as a sign that policymakers are ready to start winding down their bond purchasing stimulus program.

The greenback neglected Friday’s data showing that underlying American consumer prices reported their largest leap for 11 months in December, thus contributing to hopes that inflation will step up in 2018.

The currency pair NZD/USD gained 0.28% to 0.7268.

Similar

Latest news

Deposit with your local payment systems

Learn more

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera