Aussie is in the middle today following the vague signals of the Aussie employment report for June released early Thursday morning. Low market sentiment and US dollar recovery moves can be traced to this. Australia's unemployment rate reached its lowest level in more than a decade in June, another sign of a significant economic recovery [...]
U.S. Dollar were sidelined on trading ahead of a key report on producer price inflation and testimony by Federal Reserve Chairman Jerome Powell. Yesterday, Senate Democrats approved a $3.5 trillion investment plan, the U.S. announced plans for a new infrastructure investment. Senate Majority Leader Chuck Schumer said President Joe Biden's drive was a boost and [...]
The Kiwi pair has been edges higher on today Asian session upon the sentiment mood of US Dollar and Upbeat Chinese trade data. U.S. Dollar find support rather than inflation data, investors are on the verge of whether the figures could provide traces of tapping and interest rate hikes. The dollar is driven by U.S. [...]
EUR/USD has made the positive moment upon recent bounce in the US Dollar and are expecting the ECB monetary policy. The European Central Bank’s (ECB) new strategy on inflation targeting allows more flexibility and preparedness for a future crisis, the central bank’s policymaker Yannis Stournaras said in an opinion column in Greece’s Kathimerini newspaper. European [...]
