MLI Leading Indicator — News Archive

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Aussie Rallies on Risk Sentiment, Rising Leading Indicators

The Australian dollar gained today as both domestic macroeconomic data and the general market sentiment were positive for the currency.

Aussie Mixed-to-Lower After Leading Index Continues to Decline

The Australian dollar was mixed today, falling against some rivals and staying flat versus others, after the country’s leading index continued to decline.

Australian Dollar Shows Resilience Facing Adverse Fundamentals

The Australian dollar was surprisingly strong today despite adverse fundamentals, which were including poor macroeconomic data, the negative market sentiment, and the dovish monetary policy outlook.

Australian Dollar Mixed After Positive China’s GDP

The Australian dollar was mixed on Wednesday. The currency was flat against such rivals as the US dollar and the Japanese yen after swinging back and forth between gains and losses, fell versus the euro, but gained on the Swiss franc.

Canadian Dollar Gains Against US Dollar on Strong Oil Prices

The Canadian dollar was largely stronger against the US dollar for most of today’s session boosted by a rally in global oil prices as tracked by the West Texas Intermediate. The release of the US ADP employment change report boosted the USD/CAD currency pair slightly higher, but the loonie rallied again to erase most of the pair’s gains.

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