[ccpw id="5"]

Home.forex news reportThe AUD and NZD continues to lead the majors on the upside

The AUD and NZD continues to lead the majors on the upside

-


The NZD and AUD continues to be the best performers so far today.

For the NZD the upside was sparked by the solid jump in the ANZ Business Outlook which printed at the highest since 2014. For the AUD the strength looks more driven by overall risk sentiment with the upside in equities likely offering some support.

In terms of the underperformers, the EUR was pressured following a decent deceleration in German statewide CPI data, with 5 of the 6 states printing new cycle lows for CPI.

Looking ahead attention will turn to US data with the release of Q2 GDP 2nd estimate as well as the weekly jobless claims data.

FX performance



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Why individual investors need to look at private investments to further grow wealth

In the past decade, private investments exploded from $4 trillion to $14 trillion. Primarily led by institutional capital, investors poured money into private markets...

US stock market on course for best week in a year

Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldUS stocks were on...

TradingView Adds ThinkMarkets Services to Mobile App for CFD Traders

FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24...

Follow us

0FansLike
0FollowersFollow
0SubscribersSubscribe

Most Popular

spot_img