Online Forex broker
On Monday, the New Zealand dollar tumbled versus its US rival, after inflation expectations in New Zealand decreased for the last quarter. Meanwhile, the Australian dollar was intact because financial markets were still digesting Friday’s positive American jobs reports.
The currency pair NZD/USD went down 0.18% being worth 0.7397.
A bit earlier, the Reserve Bank of New Zealand told its inflation expectations slumped from 2.2% to 2.1% during the second quarter for the three months.
The currency pair AUD/USD was nearly intact, sticking to 0.7933. As for trading volumes, they were expected to stay thin with Australian markets unavailable due to a national holiday.
The US currency remained backed after on Friday the US Labor Department informed that the US economy managed to add up to 209,000 jobs the previous month, ruining expectations for a leap of 183,000.
In July, the unemployment rate went down to 4.3% from 4.4% last month, which is quite in line with expectations.
On Friday, the evergreen buck declined versus its counterparts due to the fact that Fed Vice Chairman Richard Clarida expressed concerns as for global surge and came up with quite dovish remarks on monetary policy…
On Friday, the UK currency managed to inch up notwithstanding worries over Brexit as well as the resignation of major statesmen in Prime Minister Theresa May’s cabinet…
On Thursday, the evergreen buck surged versus its counterparts because mostly bullish economic data managed to reaffirm investor hopes that the American economy is still on firm footing, while a dive in the UK currency also backed 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.
|
