
During the daily press briefing of Andres Manuel Lopez Obrador, it was announced that Mexico will receive 1.4 million doses of the vaccine by the end of January. Is that optimistic enough for the peso?
On Thursday, the evergreen buck rallied versus the Japanese yen in Asia. The common currency went down as the Reserve Bank of New Zealand didn’t change its 1.75% rate.
The currency pair USD/JPY hit 112.91, ascending 0.06%. AUD/USD reached 0.7826, sliding 0.29%. As for EUR/USD, this currency pair showed 1.1740, slumping 0.06%.
The RBNZ left its rate intact and also called for a weaker currency. Apparently, a lower New Zealand dollar would lift tradable inflation and ensure more balanced surge, as some financial experts state.
The decision emerged several days after an inconclusive national election, which left the country unaware of which parties would make its next government.
The currency pair NZD/USD showed an outcome of $0.7199, being nearly intact.
The US dollar index, gauging the US currency’s value against a basket of six key currencies, gained 0.08% showing 93.34.
The greenback’s firm gain put pressure on both the euro and pound because both currencies gave up some of their recent revenues versus the US currency.
During the daily press briefing of Andres Manuel Lopez Obrador, it was announced that Mexico will receive 1.4 million doses of the vaccine by the end of January. Is that optimistic enough for the peso?
The US unemployment claims are announced on Thursday at 15:30 MT time.
The Canadian monthly GDP is announced on Wednesday at 15:30 MT time.
The European Central Bank will publish the monetary policy statement with the interest rate decision on January 21, at 14:45 MT time.
Joe Biden is going to unveil a Covid-19 relief package of about $2 trillion. After this announcement, the 10-year Treasury yield rose, adding support for the USD.
The US dollar’s weakness offered a boost to emerging-market currencies and oil.
FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.
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 will guide you through the world of trading.
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.