Australian dollar levels during the Asian session on Tuesday rose for the second day on expectations, after the US dollar stopped rising against major currencies, which gave an opportunity for the Australian currency to rise after the economic data released today.
Australian dollar versus the US dollar is currently trading at the level of 0.7240 after recording the highest at 0.7242 and the session was opened today at the 0.7196 level and recorded the lowest level at 0.7188. comes after the pair fell yesterday to its lowest level at 0.7151.
Australian economy today announced data about the current account during the month of April, where the actual reading came to witness a deficit of $ 20.8 billion Australian dollars after it was expected a deficit of 19.3 billion Australian dollars while the previous reading experiencing a deficit of 22.6 Australian dollars after it was modified from 21.1 billion Australian dollars.
As for building permits index during the month of April, it witnessed a rise by 3.0% from the previous reading higher by 2.9% and was expected to decline by 3.1%.
While the US dollar has seen weak trading against major currencies during the Asian session today but retreated from its highest level in eight weeks in light of the market trying correction before the Fed's decision, which is expected to raise interest rates at the next meeting in the month of June next which has a positive effect on the dollar levels.
The dollar index, which tracks the dollar's performance against a basket of major currencies, is currently trading at 95.56 level after it opened today's session at the level of 95.60, while the lowest been recorded at 95.51 after recording the highest at 95.61 comes after rising yesterday to its highest level in eight weeks at 95.96 after recording four consecutive weeks of rising.
Gold prices rose during trading on Tuesday for the second day in a row to succeed in achieving recovery from its lowest level in three and a half months, after the dollar stopped rising against major currencies, helping gold to rise.
Gold prices are currently trading at $ 1213.2 per ounce, after hitting the lowest level at $ 1208.8 per ounce, and today's session was opened at $ 1209.9 per ounce, recording the highest at $ 1214.2 per ounce. comes after the price of gold fell during yesterday's trading to its lowest level in three and a half months at $ 1199.7 per ounce.
Higher gold prices during the trading day comes in a limited way a little bit, but for the second consecutive day to support the attempts to recover in gold prices after the dollar stopped rising yesterday against major currencies, as gold advantage of the inverse relationship between them.
The dollar fell for a second straight day against major currencies after hitting yesterday, its highest level in eight weeks, comes in light of markets trying to correct the dollar levels before the Fed meeting.
The dollar index, which tracks the dollar's performance against a basket of major currencies, is currently trading at 95.56 level after it opened today's session at the level of 95.60, while the lowest been recorded at 95.51 after recording the highest at 95.61 comes after rising yesterday to its highest level in eight weeks at 95.96 after recording four consecutive weeks of rising.
Asian stock indexes rose during Tuesday's trading in a limited way as investors continued to monitor the markets to see the latest developments in the US economy, and is in its ability to continue to improve, to accept the decision to raise interest rates?.
The MSCI Asia Pacific Index witnessed a rise today with less than 0.1%, reaching the level of 128.28 points, while the index fell by 2.2% during the month, the worst monthly performance since January.
of Japanese stocks rose in today's trading, the wider Topix index in Japan rose by 0.51% to witness adding 5.41 points reaching 1,065.47 level, while the main 225 shares of Japanese Nikkei was up by 0.46% to win 79.17 points, up to a level of 17,147.19.
Chinese stock indices witnessed a rise in today's trading, where CSI 300 index witnessed a rise of 2.35% to win 72.15 points reaching 3,138.86 level as the Shanghai index rose 2.01% to win 56.87 points reaching 2,879.32 level.
While the Hang Seng index of Hong Kong shares rose 0.93% to witness adding 191.66 points reaching 20,821.05 level as the Kospi index of South Korean shares rose 0.37% to win 7.29 points reaching 1,974.42 level.
As the index NZX 50 of New Zealand shares rose 0.27% to win 19.20 points reaching 7,038.83 level on the other hand S & P / ASX 200 index of Australian shares fell 0.38%, losing 20.52 points reaching 5,387.50 level.
Silver prices tried to rise during Tuesday trading after it fell yesterday to its lowest level six months, trying to recover today comes in light of the dollar's decline against major currencies, which helped silver to rise in light of the inverse relationship between them.
Silver prices are currently trading at $ 16.11 per ounce, , after it recorded the highest level at $ 16.15 per ounce, and the session was opened today at $ 16.00 per ounce, while silver prices recorded the lowest level at $ 15.99 per ounce, after silver prices fell yesterday to its lowest level six weeks at $ 15.87 per ounce, .
Silver prices during the trading day rose slightly as the dollar fell trying to take advantage of the reverse relationship, comes under the control of the continuing downward trend on silver prices with falling demand on the safe haven in the markets.
The dollar fell for the second consecutive day against major currencies after hitting yesterday its highest level in eight weeks, comes in light of markets trying to correct the dollar levels before the Fed meeting.
The dollar index, which tracks the dollar's performance against a basket of major currencies, is currently trading at 95.56 level after it opened today's session at the level of 95.60, while the lowest been recorded at 95.51 after recording the highest at 95.61 comes after rising yesterday to its highest level in eight weeks at 95.96 after recording four consecutive weeks of rising.