Weekly Cryptonews
Bitcoin could not resist the $10,924 level and fell below the 50-day SMA on Tuesday.
Aussie sinks notwithstanding strong June building data
On Wednesday, the Australian dollar declined notwithstanding strong building figures for June. Additionally, market participants are waiting for an interest rate report from India.
Estimating the US currency’s strength versus six key rivals, the US dollar index grew 0.03% trading at 92.94.
As Australia posted, June’s building approvals went up 10.9%, outpacing a 1.5% profit observed month-on-month.
The Reserve Bank of India is going to disclose its latest interest rate verdict with a drop to 6% observed from 6.25% for the benchmark as well as the reverse repo rate sliding from 6.00% to 5.80%. The currency pair ISD/INR tacked on 0.10% sticking to 64.120.
The currency pair AUD/USD declined 0.20% being worth 0.7953. At the same time USD/JPY got to 110.63, soaring 0.24%.
Previously, in New Zealand, the employment change on the second quarter went down 0.2%, missing a 0.7% profit observed for an unemployment rate standing still at 4.8%.
The currency pair NZD/USD reached 0.7426, descending 0.58% reacting to the data.
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The CAD falls on the weaker-than-expected retail figures
The level of retail sales released today came out lower than the forecasts.
Market updates on July 19
Will Friday be more optimistic for the USD?
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