Aussie and Kiwi dip as greenback mildly revives

Aussie and Kiwi dip as greenback mildly revives

On Thursday, the Australian and New Zealand dollars slumped versus their American rival the greenback moderately revived from recent dips ahead of the Jackson Hole summit due to start later in the day.

The currency pair AUD/USD went down 0.13% being worth 0.7893.

Traders were also looking ahead to this week's annual gathering of key bankers and financial experts in Jackson Hole where the heads of the American as well as European major financial institutions will be making decisive speeches.

Market participants are especially waiting for speeches from Fed Chair Janet Yellen and also European Central Bank Governor Mario Draghi on Friday. However, none of them is supposed to roll out fresh policy messages.

The currency pair NZD/USD tumbled 0.14 % trading at 0.7217, off the previous session's six-week dips of 0.7198.

The US currency had slumped after the US Commerce Department told on Wednesday that fresh home sales suddenly sagged in July.


Latest news

All eyes on US retail sales
All eyes on US retail sales

US retail sales will be out on Thursday, April 15, at 15:30 MT. It is a significant release for traders as it will impact the US dollar.

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.


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