Aussie and Kiwi stand still vs. weaker greenback

Aussie and Kiwi stand still vs. weaker greenback

On Thursday, the Australian and New Zealand dollars were intact versus their American counterpart because the US currency moderately recovered from losses posted after the publication of the minutes of the Fed’s latest policy gathering.

Trade volumes were believed to remain thin enough with American markets unavailable on Thursday because of the Thanksgiving holiday.

The currency pair AUD/USD didn’t change sticking to 0.7623.

The US currency initially went down after the minutes of the Fed's most recent gathering showed that some policymakers were still concerned over constantly low inflation.

Additionally, the report also disclosed that the Fed actually expects to lift interest rates in the nearer future, driving expectations for a December rate increase.

However, the Fed added that economic data is going to determine the timing of future rate lifts that could potentially mean a slower tempo than expected for next year.

The currency pair NZD/USD stood still at 0.6880.

Similar

Popular

Asian shares tumble with Japan markets shut

On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…

Greenback surges as yields soar

On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

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