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On Thursday, the Australian and New Zealand dollars tumbled against their US rival, as the major American currency remained backed by the issue of positive American data earlier in the week.
The currency pair AUD/USD slumped 0.20%, hitting 0.7655.
The US dollar remained backed after on Wednesday, the US National Association of Realtors told that its pending home sales soared by 5.5% the previous month, thus more than doubling expectations for a soar of 2.4%.
The data arose just a day after the US Consumer Board told that its consumer confidence index inched up to an almost 17-year peak of 125.6 in March from 116.1 last month, which is far above hopes for an outcome of 114.
The greenback was also backed after on Monday Chicago Fed Bank President Charles Evans along with Dallas Fed President Robert Kaplan stressed that the Fed will continue its current monetary tightening policy.
The currency pair NZD/USD decreased 0.17%, trading at 0.7019.
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On Wednesday, the Japanese yen headed south versus its major peers because investor risk appetite improved during Asia trade, although worries over decelerating global surge and US-China trade clashes will probably cap gains in risky assets…
On Tuesday, the evergreen buck managed to stabilize in Asia because the International Monetary Fund had its 2019 as well as 2020 global surge forecasts cut overnight…
On Monday, crypto assets tumbled due to the fact that the Organization for Economic Cooperation and Development drew attention to the necessity of the global regulation of initial coin offerings…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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