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Aussie under pressure despite positive trade data - MarketPulse

Aussie under pressure despite positive trade data - MarketPulse
marketpulse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketpulse.com Daily Mail and Mail on Sunday newspapers.

April Retail Sales , Hourly Earnings , Aud Usd , Australia Gdp , Australia Retail Sales , Us Nonfarm Employment Change , ஏப்ரல் சில்லறை விற்பனை , தணிக்கை அமெரிக்க டாலர் ,

Upbeat US factory activity lift Dollar, stocks edge up


-0.13% from
1.73% (1.76%).
AUD/USD – The Aussie Battler slumped to 0.7730 at the close of New York trade, down 0.66% from Friday’s opening at 0.7772. The failure of the Australian Dollar to trade comfortably above strong upward resistance at 0.78 cents last week as well as overall USD strength pressurised the currency. The fall in Australia’s Composite Index offset the strong rise in Retail Sales driving the Battler to the lower end of its trading range.
EUR/USD – Speculative long Euro bets headed for cover following the contrast between the US (upbeat) and Eurozone (mixed) PMI reports. Germany’s Manufacturing PMI report underwhelmed with a 64.0 print, from a previous 66.2. The shared currency reversed lower after hitting an overnight peak at 1.2240, to 1.2180 at the New York close. Overall US Dollar strength is weakening the upside momentum in the Euro. ....

New York , United States , New Zealand , New South Wales , United Kingdom , City Of , Zealand Kiwidollar , Haruhiko Kuroda , Andrew Bailey , Sydney Bank , Monetary Policy , Japanese Institute For Monetary , Kiwi Underperform , Home Sales , Australian Dollar , Policy Meeting , Official Cash Rate , Japanese Yen , Japanese Flash Manufacturing , April Retail Sales , Emerging Market , Singapore Dollar , Offshorechinese Yuan , Aussie Battler , Composite Index , Retail Sales ,

GBP/USD Continues To Depend On How Investors See US Inflation Developments


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UK Brexit Minister David Frost recognized that the UK failed to secure the wanted agreement.
UK Retail Sales are foreseen surging a whopping 36.8% YoY in April.
GBP/USD continues to depend on how investors see US inflation developments.
The GBP/USD pair bounced back, and trades near a daily high of 1.4189 as demand for the dollar receded. The market continues trading according to expectations of rising inflationary pressures in the US and how those could affect the Federal Reserve monetary policy. The favourite measures are government bond yields, which soared with FOMC Minutes on Wednesday, but quickly retreated to end Thursday near weekly lows. ....

Irish Sea , Ireland General , United Kingdom , Northern Ireland , David Frost , Federal Reserve , Kingdom Brexit Minister David Frost , Kingdom Retail Sales , April Retail Sales , May Services , Term Technical , ஐரிஷ் கடல் , ஐயர்ல்யாஂட் ஜநரல் , ஒன்றுபட்டது கிஂக்டம் , வடக்கு ஐயர்ல்யாஂட் , டேவிட் பனி , கூட்டாட்சியின் இருப்பு , கிஂக்டம் சில்லறை விற்பனை , ஏப்ரல் சில்லறை விற்பனை , இருக்கலாம் சேவைகள் , கால தொழில்நுட்ப ,