During early Asian trading on Friday, the New Zealand dollar showed weakness against its major rivals following a report showed that the nation’s retail sales in April rose less-than analysts had predicted. The New Zealand dollar plunged to an 8-day low against the Australian dollar and a 2-day low versus the currencies of U.S. and
The US dollar ticked up against major currencies after the release of some economic reports during New York morning trading on Thursday. According to a report released by the U.S. Labor Department today, the initial jobless claims edged down to 444,000 from the previous week’s revised figure of 451,000. Economists had expected jobless claims to
The New Zealand dollar staged a sharp rally against its major counterparts in early Asian trading on Thursday after the Statistics New Zealand report showed that the nation’s unemployment rate in the first quarter rose less than analysts had predicted. The unemployment rate in New Zealand came in at a seasonally adjusted 6.0 percent in
In North American session on Wednesday, the Canadian dollar showed weakness against most major opponents. The Canadian dollar fell to a 2-month low against the U.S. dollar and a 1-week low against the yen and eased from an 8-day high against the Australian dollar. Meanwhile, the Canadian dollar extended its previous session’s gains against the
In European session on Wednesday, the dollar showed mixed trading against other major currencies. The dollar rose to near a 1-year high against the franc, extended its previous session’s gains against the euro and showed choppy trading against the pound and the yen. The U.S. ADP employment report for April is slated for release at
