Australian currency appreciates on US economic data

Note: This section contains information in English only.
Source: Bloomberg
© Dukascopy Bank

The Australian Dollar climbed on Friday extending gains for current week ahead of US reports that are likely to show progress in consumer spending and housing sales, bolstering demand for riskier currencies. Aussie added 0.4% to $1.0166 in Sydney, ending at weekly gain of 1.8%. Kiwi lost 0.3% after the earthquake. Currently AUD/USD is trading at $1.0160 while NZD/USD is trading at $0.7746. 

Back to articles

Actual Topics

Fri, 23 Dec 2011 08:38:30 GMT

Christchurch in New Zealand hit by 5.8 earthquake

Christchurch, the second biggest city in New Zealand, was hit by sequence of earthquakes, damaging several buildings, flooding roads and pushing rescuers to evacuate shopping centres. No victims, serious injuries or damages were reported. Christchurch still is retrieving from series of quakes which began in September 2010.

Fri, 23 Dec 2011 08:37:21 GMT

US consumer sentiment remains upward sloping

The measure of consumer sentiment reached 69.9 in December compared to 64.1 in November. Economists surveyed by Marketwatch earlier predicted the gauge to be at 67.7. Yelena Shulyatyeva, BNP Paribas economist, suggests that despite European debt crisis, positive news about national economy amid holiday cheer made consumers more optimistic in December. Nevertheless, Richard Curtin, sentiment survey's chief economist warns that Congress's inability to extend labour tax

Subscribe to "Fundamental Analysis" feed

Souscrire
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.