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  • Foreign exchange market. American session: the U.S. dollar traded mixed against the most major currencies after the better-than-expected U.S. job openings figures
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13.01.2015, 16:31

Foreign exchange market. American session: the U.S. dollar traded mixed against the most major currencies after the better-than-expected U.S. job openings figures

The U.S. dollar traded mixed against the most major currencies after the better-than-expected U.S. job openings figures. Job openings climbed to 4.972 million in November from 4.830 million in October. October's figure was revised down from 4.834 million. Analysts had expected job openings to rise to 4.848 million.

The euro traded mixed against the U.S. dollar in the absence of any major economic reports from the Eurozone. Political uncertainty in Greece and inflation data from the Eurozone still weighed on the euro.

Investors speculate that the European Central Bank could decide on its policy meeting on January 22 to purchase government bonds.

The British pound traded higher against the U.S. dollar, recovering its losses after the weaker-than-expected consumer price inflation from the U.K. The U.K. consumer price index declined to an annual rate of 0.5% in December from 1.0% in November. That was the lowest level since May 2000. Analysts had expected the consumer price inflation to decrease to 0.7%.

On monthly basis, consumer price inflation in the U.K. was flat in December, missing forecasts of a 0.1% rise, after a 0.3% decline in November.

Consumer price inflation excluding food, energy, alcohol, and tobacco increased to an annual rate of 1.3% in November from 1.2% in November. Analysts had expected the consumer inflation to climb to 1.4%.

The Bank of England's inflation target is about 2%.

Investors speculate that Bank of England will keep interest rates on hold for a longer period.

The Bank of England Governor Mark Carney said in an interview with the BBC on Tuesday that he expects inflation to decline in coming months, but he believes inflation will be near the central bank's 2% target within two years.

Carney noted that interest rate hike is still possible, but future increases will be "a little more gradual and limited" now.

The New Zealand dollar traded lower against the U.S. dollar in the absence of any major economic reports from New Zealand. Falling oil prices weigh on the kiwi.

The Australian dollar traded higher against the U.S. dollar. In the overnight trading session, the Aussie traded lower against the greenback in the absence of any major economic reports from Australia. Falling oil prices weigh on the Aussie.

The Japanese yen traded higher against the U.S. dollar. In the overnight trading session, the yen traded mixed against the greenback after the better-than-expected economic data from Japan. Japan's adjusted current account surplus declined to 433.0 billion yen in November from 883.4 billion yen in October, beating expectations for a fall to 133.2 billion yen.

Japan's economy watchers' current conditions index rose to 45.2 in December from 41.5 in November, exceeding expectations for an increase to 44.3.

Japan's economy watchers' future conditions index climbed to 46.7 in December from 44.0 in November.

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