Aussie and Kiwi tack on

Aussie and Kiwi tack on

On Tuesday, the Australian and New Zealand dollars soared versus their American rival after the Reserve Bank of Australia left interest rates intact and optimism over the vote of an American tax reform bill started waning.

The currency pair AUD/USD inched up 0.59% hitting 0.7644, which is off a three-week maximum of 0.7654 reached overnight.

In a widely anticipated move, the RBA didn’t change its benchmark interest rate, leaving it at 1.50%.

RBA Governor Philip Lowe told that the major financial institution maintained its estimate for inflation to soar gradually as the Australian economy edges up.

Besides this, the Australian Bureau of Statistics told that the current account surplus dipped to A$9.1 billion during the third quarter versus A$9.7 billion in the second quarter.

Market expert had hoped for a current account deficit of about A$9.2 billion in the last quarter.

The currency pair NZD/USD tacked on 0.54% being worth 0.6898.



The US NFP Update: What to Wait for?
The US NFP Update: What to Wait for?

The US Bureau of Labor Statistics will announce average hourly earnings, nonfarm employment change (NFP), and the unemployment rate on May 6, at 15:30 MT time.

Latest news

Can the UK CPI surprise?
Can the UK CPI surprise?

The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.

The US Retail Sales Update
The US Retail Sales Update

The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.

Deposit with your local payment systems

Be on top of your game

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

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