On Friday, the evergreen buck moderately rallied versus its counterparts, staying on track for posting consecutive weekly profits for the first time since November…
Aussie heads south
On Wednesday, the Australian dollar dipped in Asia because consumer prices data came in a tad weaker than expected. Additionally, the market saw an ongoing steady policy of rates at a record minimum 1.5% by the Reserve Bank of Australia.
The US dollar index, measuring the greenback’s value against six main currencies, slid 0.06%, hitting 98.66.
The currency pair AUD/USD reached 0.7513, declining 0.31%. As for USD/JPY, this currency pair hit 111.24, soaring 0.14%.
Australia posted CPI figures for the first quarter of a 0.5% ascend, compared with an 0.6% revenue seen quarter-on-quarter as well as 2.1% surge year-on-year, which is below the 2.2% soar expected.
Overnight, the evergreen buck traded lower against a basket of crucial currencies, following the publication of mixed American economic data, while a soar in the common currency weighed on the major US currency.
The common currency hit fresh five-month peaks versus the greenback as market participants piled into the single currency for a second-straight day, right after centrist nominee Emmanuel Macron managed to win the first round of the French presidential election.
Will we finally see any price action for Bitcoin?
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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…