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NZ Dollar Falls on Market Sentiment, Domestic Data

The New Zealand dollar fell today as negative domestic macroeconomic data and the risk-off market sentiment drove the currency down.

Aussie Under Pressure from Wage Inflation Miss, Chinese News

The Australian dollar was under pressure today from the wage inflation miss. News from China did not do the currency any favors either.

NZ Dollar Edges Higher After Wednesday’s Slump

The New Zealand dollar edged higher today following yesterday’s huge slump even though macroeconomic data released during today’s trading session was negative. The plunge during the previous session was caused by worse-than-expected jobs data.

Australian Dollar Mixed Despite Stellar Employment Data

The Australian dollar was mixed today despite extremely positive employment data. Other macroeconomic reports released in Australia during the Thursday’s trading session were less stellar.

Canadian Dollar Continues Rally on Higher Auto Sales

The Canadian dollar is continuing its tear on Tuesday as the loonie was lifted against major currency rivals on strong automobile sales. The dollar’s gains were capped by disappointing manufacturing numbers, which could signal a cooling economy. Investors will now look ahead to inflation and retail receipts this week.

Australian Dollar Opens Sharply Higher, Continues to Rise After

The Australian dollar opened sharply higher today compared to the Friday’s close and continued to move up versus most major currencies afterwards. While domestic macroeconomic data was not particularly good, the currency paid more attention to extremely positive reports in China, Australia’s biggest trading partner.

NZ Dollar Stable Despite Deteriorating Consumer Sentiment

The New Zealand business confidence deteriorated this month, and the outlook was rather pessimistic. Yet surprisingly, the New Zealand dollar held its ground versus most-traded rivals, even gaining on European currencies like the euro and the Swiss franc.

Aussie Stands Ground in Face of Adverse Fundamentals

Macroeconomic reports released during the Tuesday’s trading session did not paint a positive picture of Australia’s economy. Yet that did not prevent the Aussie from standing ground, avoiding losses, most likely due to mild risk appetite on the Forex market.

NZ Dollar Weak amid Risk Aversion, Mixed Data

The New Zealand dollar fell on Thursday amid risk aversion and mixed macroeconomic reports.

Euro Recovers From Yearly Lows on Trade Optimism and US Politics

The euro today dropped to new 2019 lows against the US dollar in the early European session as the selling pressure on the single currency mounted. The pair reversed its losses later in the session as investor sentiment shifted and the US dollar gave up some of its earlier gains.

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