Aussie climbs after economic data

Economies.com
2023-09-04 16:36PM UTC

The Australian dollar rose against most major rivals on Monday amid calm trading and following data.

 

Earlier Australian data showed inflation up 0.2% in August, after a 0.8% increase in July.

 

The ANZ index for corporate ads in Australia rose 1.9% last month.

 

On trading, AUD/USD rose 0.1% to 0.6459 as of 17:29 GMT. 

 

Yen 

 

USD/JPY rose 0.2% to 146.4 as of 17:29 GMT.

 

The monetary baseline in Japan rose by 1.7% in August, while analysts expected a 0.2% drop.

 

The Dollar

 

The US Dollar index fell 0.1% as of 17:24 GMT to 104.1, with a session-high at 104.2, and a low at 104.03.

 

Both US stock and bond markets were closed today for the labor day holiday and will resume operations tomorrow.

Forex and Currency News

USD/JPY news

Forex

Yen swoons by over 1% after BOJ decision
2024-04-26 18:30PM UTC
Yen tumbled against most major rivals on Friday following the Bank of Japan’s policy ...
GBP/JPY news

Forex

Sterling surges to 16-year peak against yen
2024-04-26 08:11AM UTC
Sterling rose in European trade on Friday against a basket of major rivals, extending gains for the ...
Forex News

Forex

Dollar tumbles to two-week lows ahead of US growth data
2024-04-25 11:18AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and ...

Forex Technical Analysis

EUR USD Analysis

Forex

End of day EURUSD price forecast update - 26-04-2024
2024-04-26 16:36PM UTC
The EURUSD price is facing strong negative pressure to break 1.0715$ level and attempts to hold ...
GBP USD Analysis

Forex

The GBPUSD forecast update 26-04-2024
2024-04-26 10:59AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price shows some slight bearish bias ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 26-04-2024
2024-04-26 10:58AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price settles above 1.0715$ level, ...