Aussie goes up, Kiwi sags on mixed data

Aussie goes up, Kiwi sags on mixed data

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.


Latest news

Japan real wages surge is slowest in almost two years

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…

Deposit with your local payment systems


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