Online Forex broker
On Monday, the Australian dollar didn’t change versus its American rival, while the New Zealand dollar declined notwithstanding the publication of positive local retail sales data because dismal economic reports from China affected risk sentiment.
The currency pair AUD/USD stood still sticking to 0.7892.
The US currency mildly revived from losses reported on Friday right after the US Commerce Department informed that the previous month consumer prices rallied less-than-expected. A separate report issued yesterday demonstrated that producer price inflation along with its core reading both suddenly sagged in July.
The poor data was observed due to a lowering likelihood that the key US bank will stick to its plans for a third interest rate lift in 2017.
The currency pair NZD/USD went down 0.15% being worth 0.7309.
On Monday, New Zealand’s statistics revealed that retail sales grew by 2% during the second quarter, surpassing expectations for a 0.7% leap.
On Wednesday, the evergreen buck declined because the Japanese yen kept to a two-month minimum due to the fact that market participants had the latest trade reports digested…
On Tuesday, the evergreen buck added versus its counterparts because market participants weighed the latest worsening in the tit-for-tat tariff conflict between China and America, while a weaker common currency also raised market sentiment…
On Monday, the evergreen buck declined versus its counterparts on worries of an escalation in the US-China trade conflict, while a stronger UK currency and euro also put pressure on market sentiment…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
Your request is accepted.
A manager will call you shortly.
Internal error. Please try again later
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.
|
