Australian dollar edges up in Asia ahead of NAB

Australian dollar edges up in Asia ahead of NAB

On Tuesday, the Australian dollar tacked on in Asia, with a business poll ahead supposed to set the tone along with later data from China on money supply.

The currency pair AUD/USD showed 0.7543, rising 0.17%, USD/JPY reached 109.88, sliding 0.42%. The currency pair GBP/USD went down overnight by 0.69%, being worth 1.2659.

Gauging the greenback's value versus a trade-weighted basket of six main currencies, the US dollar index slid 0.09%, trading at 97.15.

The National Australia Bank is expected to publish its May business confidence poll with the previous reading at plus-13 as well as its business poll with the previous figure at plus-14. As for China’s report on money stock, it’s supposed to demonstrate a 10.4% revenue on year, while new loans might hit CNY 1 trillion.

Overnight, the greenback stood flat versus a basket of major currencies, unable to capitalize from a drop in the British pound, while expectations that the Fed will lift its benchmark rate on Wednesday restricted downside momentum.

Similar

Latest news

Deposit with your local payment systems

Learn more

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

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