- Analytics
- News and Tools
- Market News
- Foreign exchange market. Asian session: the Australian dollar traded lower against the U.S. dollar after comments by Reserve Bank of Australia Governor Glenn Stevens
Foreign exchange market. Asian session: the Australian dollar traded lower against the U.S. dollar after comments by Reserve Bank of Australia Governor Glenn Stevens
Economic calendar (GMT0):
(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)
00:30 Australia Leading Index June +0.1% -0.1%
04:30 Japan All Industry Activity Index, m/m June +0.6% -0.2% -0.4%
06:00 Germany Producer Price Index (MoM) July 0.0% +0.1% -0.1%
06:00 Germany Producer Price Index (YoY) July -0.7% -0.8%
08:30 United Kingdom Bank of England Minutes
The U.S. dollar traded higher against the most major currencies. The greenback was supported by yesterday's U.S. housing market data. Housing starts in the U.S. jumped 15.7% to 1.093 million units in July from 945,000 units in June. That was the strongest rate since November.
The number of building permits rose by 8.1% to 1.052 million units in July from 973,000 in June.
The New Zealand dollar traded lower against the U.S dollar due to the strong U.S. currency. No major economic reports were released in New Zealand.
The Australian dollar traded lower against the U.S. dollar after comments by Reserve Bank of Australia Governor Glenn Stevens. Mr Stevens told the House Economics Committee in Brisbane that the Aussie remains high because Australia is more attractive for international investors than other countries. He added that the Australian currency will "go down at some point", but he doesn't know when. The RBA governor said there is no need in intervention.
Australia's leading index declined 0.1% in June, after a 0.1% rise in May.
The Japanese yen traded lower against the U.S. dollar after the weaker-than-expected economic data from Japan. Japan's adjusted trade deficit declined to 1,023.8 billion yen in July from a deficit of 1,067.8 in June, missing expectations for a fall to a deficit of 770 billion yen. June's figure was revised up from a deficit of 1,080.8 billion yen.
Japan's all industry activity index fell 0.4% in June, missing expectations for a 0.2% decline, after a 0.6% increase in May.
EUR/USD: the currency pair declined to $1.3300
GBP/USD: the currency pair fell to $1.6600
USD/JPY: the currency pair increased to Y103.26
The most important news that are expected (GMT0):
10:00 United Kingdom CBI industrial order books balance August 2 4
12:30 Canada Wholesale Sales, m/m June +2.2% +1.3%
18:00 U.S. FOMC meeting minutes
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
