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On Thursday, the Australian dollar managed to grow versus its US rival after the publication of upbeat Australian housing sector data. At the same time the New Zealand dollar sagged reacting to a gloomy business confidence report.
The currency pair AUD/USD gained 0.18% demonstrating 0.7584, which is off last session's one-week minimum of 0.7552.
The Australian Bureau of Statistics informed that in October building approvals added 0.9%, thus ruining hopes for a 1.8% dip.
According to a separate report, Australia's private capital expenditure went up by 1.0% during the third quarter, which is in line with investors’ hopes.
The currency pair NZD/USD edged down 0.46% demonstrating 0.6851, which is the lowest reading since November 22.
Thursday’s data also revealed that in November New Zealand's ANZ Business Confidence index dived to an eight-year minimum of -39.3 from -10.1 last month.
Market sentiment on the US currency was still fragile ahead of an important vote on tax reform in the United States.
On Thursday, the major US currency kept bargaining near a 13-month maximum because the political downtime in Turkey receded, while worries as for China's economic health kept backing safe-haven assets…
On Wednesday, the evergreen buck rose to its highest value for over a year because a crisis in the Turkish lira, which affected emerging markets, drove demand for the US dollar as a safe-haven asset…
On Tuesday, the common currency kept to a one-year minimum versus the evergreen buck and the Swiss franc…
In February, Japan's exports probably ascended at the fastest pace for two years due to a softer yen as well as improving global demand, as a Reuters survey showed on Friday…
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…
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…
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