Retail data may shake the loonie
Canada will publish the headline and core retail sales on January 24 at 15:30 MT time.
Aussie stands still, Kiwi slides in late trade
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.
Similar
The ECB and the euro: surrounded by skeptics
The European Central Bank will publish its monetary policy statement and announce the main refinancing rate on January 23 at 14:45 MT time.
Will the BOC bring a challenge to the CAD traders?
The Bank of Canada (BOC) will release its rate statement alongside the monetary policy report during its meeting on January 22 at 17:00 MT time.
Latest news
Brexit: on the Queen's table
To be considered an official law, the Brexit paper just needs a signature of the Queen now. How does that affect the GBP?
Retail data may shake the loonie
Canada will publish the headline and core retail sales on January 24 at 15:30 MT time.
The ECB and the euro: surrounded by skeptics
The European Central Bank will publish its monetary policy statement and announce the main refinancing rate on January 23 at 14:45 MT time.
Deposit with your local payment systems
