The Australian dollar rose in early trading after the strong jobs numbers. According to the statistics bureau, the country’s unemployment rate dropped from 5.8% in February to 5.6% in March. This decline was better than the median estimate of...
The Australian dollar rose in early trading after the strong jobs numbers. According to the statistics bureau, the country’s unemployment rate dropped from 5.8% in February to 5.6% in March. This decline was better than the median estimate of...
The New Zealand dollar rose against the US dollar after the latest interest rate decision by the RBNZ. The central bank left the interest rate unchanged at 0.25% and continued with its quantitative easing policy. In this policy, the...
The New Zealand dollar declined against the US dollar in early trading as the market reflected on important economic numbers. The country’s business confidence declined from -6% in the fourth quarter to -13% in Q1. In the same period,...
Inflation watch During the upcoming trading week, the release of United States Consumer Price Inflation data is the major event on the economic docket that traders and investors will be watching out for. Market participants will be looking for...
The US dollar was little changed in the Asian session after Jerome Powell said that the American economy was at an inflection point. In an interview, he said that hiring was set to continue but warned that a new...
The US dollar wavered after the weak initial jobless claims numbers. According to the Bureau of Labour Statistics (BLS), the number of people filing for initial jobless claims rose from 728,000 to 744,000 last week. This was a bigger...
The US dollar rose against other key currencies after the latest minutes by the Federal Open Market Commission (FOMC). In the meeting, the bank left its pandemic response tools like interest rates and quantitative easing unchanged as expected. In...
The Australian dollar wavered in early trading as the market reflected on the strong services and construction data. According to Markit, the country’s services PMI rose from 53.4 in February to 55.5 in March as demand and optimism rose....
The Japanese yen was little changed even after relatively weak economic numbers from the country. The country’s statistics agency said that household spending rose by 2.4% in February after falling by 7.3% in the previous month. This improvement was...
The US dollar was little changed today as investors continued to focus on the impressive economic data from the United States. On Friday, data by the Bureau of Labour Statistics (BLS) showed that the economy added more than 900,000...