Employment report favors Aussie

December month employment statistics from the Australian Bureau of Statistics released 00:30 GMT on Thursday, it is the catalyst for the AUD/JPY pair traders. Australia boasted another solid rise in employment in December as strength in consumer spending and housing helped drive the jobless rate down to 6.6%, recovering most of the job losses suffered [...]

Japan’s move favors yen

Japan's top government spokesman said on Wednesday that the timeline for vaccinating the broader population against the coronavirus would be decided and disclosed to the public after the approval of a vaccine. Chief Cabinet Secretary Katsunobu Kato made the comment at a news conference in response to a question about media reports that the government [...]

Brexit Optimism favors pound

Pound moves higher on Tuesday as a recovery continues. Worries that are related to the UK’s ability to convince the European Union (EU) over losses in fisheries and vaccinations hopes join the US dollar weakness to boost up the pound. Global markets are in uptrend in the middle of calls that upcoming US official Yellen [...]

Soft US data pokes Dollar higher

The dollar sticks to gains on Monday as softening U.S. economic data and rising global coronavirus cases kept investors cautious, and lockdowns and Italian political turmoil held the euro under pressure. A Better-than-expected Chinese economic data further headed towards selling, but it was not enough to shift currency traders' mood. The mood soured after Friday [...]