Investing.com – The Australian and New Zealand dollars moved lower against their U.S. counterpart on Tuesday, after the Reserve Bank of Australia left interest rates unchanged and as growing expectations for an upcoming U.S. rate hike continued to support demand for the greenback. AUD/USD was down 0.27% at 0.7671. In a widely expected move, the RBA […]
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Forex – Aussie Holds Steady, Kiwi Moves Lower in Late Trade
Investing.com – The Australian dollar was steady against its U.S. counterpart on Monday, while the New Zealand dollar moved lower after disappointing local inflation expectations data and as markets were still digesting the latest U.S. jobs report. AUD/USD was steady at 0.7648 The Labor Department said on Friday that the U.S. economy added 261,000 jobs in October, falling […]
Dollar rises vs. yen, supported by Fed rate hike expectations
By Masayuki Kitano SINGAPORE (Reuters) – The dollar touched its highest level in nearly eight months versus the yen on Monday, supported by expectations for continued monetary policy divergence between the Federal Reserve and the Bank of Japan. The dollar rose to as high as 114.735 yen at one point, its highest since mid-March, its […]