Aussie sags after RBA minutes rekindle worries on household debt

Aussie sags after RBA minutes rekindle worries on household debt

On Tuesday, the Australian dollar edged down in Asia because key bank minutes pointed to ongoing worries as for housing.

The currency pair AUD/USD hit 0.7839, sliding 0.17%, USD/JPY reached 112.12, decreasing 0.05%. The currency pair NZD/USD rallied 0.01% being worth 0.7170. As for EUR/USD, it sank 0.15% trading at 1.1777, GBP/USD descended 0.08% showing an outcome of 1.3241.

Measuring the US dollar’s strength against a six crucial currencies, the US dollar index grew 0.12% being worth 93.25.

Meanwhile, New Zealand posted CPI for the third quarter with a 0.5% jump versus a 0.4% profit observed on quarter and also at a 1.9% pace higher versus 1.8% anticipated on year.

According to the RBA meeting minutes, household debt levels were still elevated and should be watched closely. At the meeting the RBA held at a record minimum 1.5%.

The evergreen buck traded sideways because early session optimism on the back of positive manufacturing data relieved amid investor worries over disinflation after Friday’s inflation report.

Similar

British pound dives to day’s minimums on UK inflation data

On Tuesday, the British pound went down to the day’s minimums versus the evergreen buck due to slowing inflation in December, which slowed for the first time for six months, hinting that the country’s cost of living squeeze relieved…

Aussie and Kiwi are at 4-month peaks vs. weaker US dollar

On Monday, the Australian and New Zealand dollars were keeping to four-month maximums versus their American rival because the broadly stronger common currency kept weighing heavily on the US currency notwithstanding Friday's mostly positive American data…

Popular

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…

promotions you can be interested in

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

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