The Australian dollar edged down against its major counterparts in early Asian trading on Thursday following the release of a worse-than-expected Australian retail sales figures for the month of December. The aussie reached a new 6-week low against the US dollar and 2-day lows against the rest of majors. However, after 7:30 pm ET, the
The US dollar traded higher against major currencies following the release of ISM service sector index and ADP employment change data during New York morning trading on Wednesday. The greenback climbed to new multi-week high versus the yen during the same period. Today morning, the Institute for Supply Management released its report on service sector
The Reserve Bank of Australia unexpectedly kept its benchmark interest rate unchanged at 3.75% on Tuesday. Following the announcement at 10:30 pm ET, the Aussie fell sharply against its major counterparts. The Aussie plunged to new multi-week lows against the currencies of Canada and New Zealand. Meanwhile, the Aussie dropped from 4-day highs against the
Friday, the Japanese yen that edged up against its major counterparts in early Asian deals reversed direction around 7:35 pm ET. The yen eased from new multi-month highs against the euro and the franc and 2-day highs against the dollar and the pound. Japan’s CPI, unemployment rate, industrial production and the BoJ minutes released earlier
Thursday in Asia, the New Zealand dollar moved slightly off its recently hit multi-day highs against most major currencies as traders reacted to the Reserve Bank of New Zealand decision to keep the benchmark interest rate at a record low. The Reserve Bank of New Zealand left its benchmark interest rate unchanged at 2.50 percent.
