The jobs data may support the AUD
The Australian jobs data will be out on May 16, at 4:30 MT.
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Pay attention to the important releases for the USD
The United States will release the level of retail sales and core retail sales on May 15, at 15:30 MT time.
Chinese Yuan rebounds
On Tuesday, the Chinese Yuan managed to rebound in Asia reacting to reports that the Asian country’s state-backed funds, dubbed the “National Team,” have pumped cash into the market in an attempt to back local stocks as well as currency…
Breaking: China will raise tariffs on the US goods on June 1
Chinese authorities plan to apply tariffs on $60 billion of US goods.
Evergreen buck reaches fresh 4-month peak
On Monday, the evergreen buck reached a four-month maximum versus the Chinese yuan, although it was lower against the Japanese yen as well as Swiss franc due to the fact that the escalating trade conflict between China and America backed bids for…
Chinese yuan weakens as risk-on sentiment fades
The trade tensions between the US and China weakened the offshore yuan.
Japan's coincident index heads south by 0.9 point In March, cabinet cuts view
In March, Japan's coincident indicator index demonstrated a worse outcome, while the country’s cabinet had its view cut, thus indicating that the Japanese economy might be in recession due to the fact that the US-China trade conflict as along with dismal…
5 important events this week will bring us!
Hottest events for this week!
Japanese yen tacks on
On Monday, the safe-haven yen managed to rally, while the Chinese yuan and Australian dollar tumbled right after the latest escalation in the trade conflict between China and America…
Japanese economy dives in the first quarter on dismal domestic demand
In the first quarter, the Japanese economy shrank a bit due to the fact that corporate as well as consumer spending decreased…
Evergreen buck rallies against Japanese yen
On Friday, the evergreen buck was generally steady versus the safe-haven Japanese currency, taking in stride the lift in American levies on China’s goods, which came into effect and waiting for the resumption of negotiations between top statesmen of the…
Evergreen buck keeps to six-week minimum vs yen
On Thursday, the evergreen buck kept to a six-week minimum against the Japanese yen due to the fact that risk aversion gripped broader financial markets against the backdrop of worries that the US-China trade war could escalate…