Investing.com – The Australian and New Zealand dollars moved lower against their U.S. counterpart on Wednesday, as the greenback remained supported following recent upbeat U.S. jobs data, while investors eyed the Reserve Bank of New Zealand’s upcoming policy decision. AUD/USD was down 0.39% at 0.7881, after hitting a three-week low of 0.7856 overnight. The greenback continued […]
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Yen hits eight-week high vs. dollar on latest bout of Korean tensions
By Shinichi Saoshiro TOKYO (Reuters) – The yen hit an eight-week high against the dollar and made broad gains against other peers on Wednesday, reacting to the latest bout of geopolitical tensions stemming from the Korean Peninsula. North Korea said on Wednesday it is “carefully examining” plans for a missile strike on the U.S. Pacific […]
Forex – Aussie falls after home loans, China inflation, Nkorea tensions
Investing.com – The Aussie fell after weaker data on home loans and China inflation Wednesday and the yen gained as tensions on the Korean peninsula heightened. AUD/USD traded at 0.7864, down 0.63%, while USD/JPY changed hands at 109.90, down 0.40%. In Australia, home loans data rose 0.5% for June, compared with a 1.5% gain expected. China reported consumer and producer […]