DALY SEES 'NO URGENCY TO ADJUST THE POLICY RATE'

MNI BRIEF: Fed’s Collins Sees Rate Cuts Later Than Had Thought

MNI BRIEF: China March M2 Slows More Than Expected

MNI BRIEF: China Tightens Stock Market Supervision

MNI BRIEF: China Mar Exports Jump On Demand; Imports Improve

MNI: PBOC Sets Yuan Parity Lower At 7.0967 Fri; -4.87% Y/Y

MNI: BAKER HUGHES US RIG COUNT 617; OIL RIGS 506; GAS RIGS 109

March Home Sales Jumped At End Of Month

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

A$ Gains Against USD But Not Other Major Currencies

AUD

Aussie is 0.2% higher against the US dollar as the latter has weakened, but has lost against other currencies on the pullback in risk. AUDUSD is currently trading around 0.6750 close to its intraday high of 0.6755.

  • Aussie is down 0.5% against the yen and is around 90.22. It is also 0.2% weaker against kiwi at about 1.066. It is down 0.1% against both the euro and the pound.
  • Equity markets across the region have followed the northern hemisphere lower with the ASX down 1.2% and the Hang Seng -1.3%. S&P e-minis have stabilised during today’s APAC session. Oil prices continued their move down and WTI is another 0.5% lower to about $78.60/bbl. Iron ore has shifted higher to around $114/tonne on news that Australian trade tensions may be easing with China.
  • Another quiet day with only US jobless claims scheduled later. The next major Australian data, November CPI and retail sales, print on January 11.
BulletMarketsForeign Exchange BulletsHomepage
BulletMarketsForeign Exchange BulletsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.