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US Dollar Mixed on Widening Trade Deficit, Higher Initial Jobless Claims

The US dollar is mixed against a basket of currencies on Thursday as data has been both good and bad for the world’s largest economy. With the US-China trade war seemingly worsening, investors have been clamoring for some excellent data to offset the lackluster development in trade talks.

Aussie Emerges as Strongest on Forex Market, Ignores Domestic Data

The Australian dollar opened sharply higher on Monday thanks to the news about a ceasefire in the trade war between the United States and China. The news overshadowed Australia’s domestic macroeconomic reports, basically all of which were poor.

Australian Dollar Gains After Volatile Session

The Australian dollar was rather volatile today. The currency rallied after somewhat mixed domestic macroeconomic data, fell following the release of a services sector report from China, but has recovered by now.

Aussie Opens Sharply Lower amid Risk Aversion, Poor Data

The Australian dollar, like other currencies considered to be relatively risky, opened sharply lower today amid the risk-adverse market sentiment. Poor domestic macroeconomic data did not help the currency either.

Positive Economic Data Doesn’t Prevent Fall of Australia Dollar

Monday’s economic data from Australia was very good with a huge jump of corporate profits, but that did not prevent the Australian dollar from falling against its major rivals.

Canadian Dollar Rises Against US Peer Ahead of Consumer Price Index Data

The Canadian dollar rose against its US counterpart on Thursday, as traders anticipate the release of the Canadian consumer price index data tomorrow. Another release from the US Federal Reserve on Wednesday contained no strong signals for an interest rate hike in March, which left the greenback unsupported today.

Australian Dollar Mixed After Australian & Chinese Data

The Australian dollar rose against such currencies as the US dollar and the Japanese yen during Monday’s trading but fell against the very strong euro and traded flat versus the Swiss franc.

Canadian Dollar Flat, Can Potentially Go Lower

The Canadian dollar was little changed during Thursday’s quiet trading. The currency fell versus the US dollar intraday but is trading near its opening level currently. Falling prices for crude oil coupled with poor economic data from Canada suggest that the currency may go lower once trading recovers after the holiday in the United States.

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