During today's press conference, the ECB president said that the data was "somewhat" better than the expectations in the first quarter. T
Greenback is driven by Fed leadership talk
On Wednesday, the evergreen buck approached a three-month maximum versus the Japanese yen, backed by reports that Republican senators appreciated John Taylor as the next Fed Chair.
The Australian dollar turned to be the number one mover among key currencies, sliding 0.8% versus its American rival to a 3-1/2-month minimum after dismal Australian inflation data.
The US currency soared 0.2% versus a basket of key currencies, approaching its highest peaks for three weeks.
A Stanford University economist, Taylor is considered to be a promising nominee, who could put the major US bank on a path of faster interest rate hikes unlike current Fed Chair Janet Yellen does, whose term will be over next February.
The evergreen buck stood still, sticking to 113.87 yen, which is close to Monday's maximum of 114.10 yen that appeared to be the greenback’s highest reading since July 11.
The common currency was intact, keeping to $1.1761.
Australia will release the level of employment change and unemployment rate on June 13, at 4:30 MT time.
The level of non-farm payrolls, also known as non-farm employment change or NFP will be out on June 7, at 15:30 MT time.
In July, Britain's inflation rate rallied for the first time in 2018, thus leaving many UK households feeling quite squeezed by prices, soaring at nearly the same tempo as their wages…
On Friday, the evergreen buck rallied versus its counterparts after data disclosed that the American economy generated more jobs than anticipated In October, thus backing the Fed’s case to proceed with gradual rate lifts…
On Monday, gold declined because the evergreen buck managed to gain early traction, thus putting pressure on the most popular precious commodity, which has been sticking with the year’s minimums…