0.0 00 This morning has been busy in the Down Under and New Zealand. The Australia dollar (AUD/USD) barely budged after a solid rise in consumer inflation. The Australian dollar was already trading higher as investors …
Read More »Australian Dollar Quiet despite Soft Housing Data
0.0 00 The Australian dollar (AUD/USD) was steady during Asian trade hours, despite a solid business confidence report and an underwhelming home loans report. This morning, the National Australia Bank (NAB) released its June business index. …
Read More »The Japanese yen Weaken on Dovish BOJ Remarks
0.0 00 The head of the Japanese bank, Bank of Japan (BOJ) Governor Haruhiko Kuroda gave another “steady as she goes” speech. This sent the USD/JPY Forex market higher, as the yen weakened. This Forex market …
Read More »Europe will be Watching Trump and Putin at the G 20
0.0 00 The stock and financial markets are looking at a lower open as of 7:30 am London time. Investors, in Europe, are waiting on new economic data as well as the G 20 meeting in …
Read More »Solid Services PMI throttles Gains in the Japanese Yen
0.0 00 This morning, the Japanese yen (USD/JPY) lost a little ground despite mounting regional tensions with North Korea. Japan released a solid round of economic data this morning. Investors shrugged off the latest missile test …
Read More »BREAKING: The RBA Keeps Rates on Hold
0.0 00 The Australian dollar (AUD/USD) fell lower against its G 20 trading partners, after the Reserve Bank of Australia (RBA), announced its monetary policy decision moments ago. As the markets approached today’s RBA decision, they …
Read More »The Aussie Dollar ignores the Caixin from China
0.0 00 The AUD/USD, or Aussie dollar Forex market was largely unmoved by a stronger than expected Caixin manufacturing survey out of China. China is Australia’s largest regional trade partner but Aussie traders seem to be …
Read More »Chinese Manufacturing PMI supports the AUD
0.0 00 An already firm AUD/USD moved higher as a solid print of the Chinese manufacturing purchasing managers’ index (PMI) supported the Aussie dollar. The official June manufacturing PMI came in at 51.7. This was well …
Read More »Australian Home Sales Data Surprises AUD Traders
0.0 00 The Australian dollar (AUD/USD) traded higher this morning after data showing that new home sales rose for the second month in a row in Australia. Data released by the Housing Industry Association showed that …
Read More »The IMF Lowers its Economic Forecast for the US
0.0 00 This morning, the US Dollar extended its decline from Thursday’s battering thanks to the International Monetary Fund (IMF) reducing its economic growth outlook for the United States’ economy. They did this, mainly, because of …
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