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On Tuesday, the Australian dollar sagged because retail sales figures disappointed and market participants waited for Prime Minister Malcolm Turnbull's second budget. Additionally, financial markets also monitored the presidential election in South Korea.
The currency pair AUD/USD hit 0.7362, sliding 0.34%, while USD/JPY reached 113.22, declining 0.03%.
Tracking the US dollar’s strength versus six crucial currencies, the US dollar index, dipped 0.02%, trading at 99.01.
Australia posted that in March retail went down 0.1% and concluded 0.1% during the first quarter, missing expected revenues of 0.3% as well as 0.4% respectively.
In South Korea, financial markets are unavailable due to the country's presidential election and opinion surveys demonstrate favors Moon Jae-in of the Democratic Party of Korea, considered to be a more liberal candidate on the national economy as well as policies dealing with North Korea.
On Friday, the evergreen buck moderately rallied versus its counterparts, staying on track for posting consecutive weekly profits for the first time since November…
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On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…
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