AUD/JPY drops to a low of 70.15 still up of 0.17% on a day, after RBA released minutes of its May month monetary policy on early Tuesday but later on stepped back on the Aussie-China tension. Before the latest Aussie-China war, markets were happy cheering the hopes of the corona virus (COVID-19) cure. The relationship [...]
NZD/USD drops to 0.5930 on Monday. Efforts of the Federal system to strengthen US dollar and the US-China tension has lead to keep the pair in a bearish trend. Even New Zealand's Business NZ Performance of Services Index (PSI) for April has added for the downside of the pair. The figures drop to 25.9 from [...]
Gold prices recover from the intraday low of $1,728.84 to currently around $1,733, up 0.12% on a day, during the early Friday’s Asian session. It has crossed the 3 weeks high setting back the high of April 24. After hitting a yearly high and the highest level since 2013, gold prices have been trading sideways [...]
AUD/JPY shows a bearish trend following Australia’s jobs report. The increase in jobless was less than expected but the economy shed record jobs. It was the highest jobless rate since September 2015, amid business closures and lockdowns due to the corona virus pandemic. The jobless rate ticked higher to 6.2% against the expectations for 8.3% [...]
