Pacific Currencies – Summary
USD/CNY
USD/CNY is showing little movement this week. The pair is currently at 7.0371, down 0.06% on the day. There was positive news on the inflation front, as Chinese CPI jumped to 4.5%, up from 3.8% a month earlier. This marked the highest gain since 2012.
AUD/USD
AUD/USD is flat in European trade following mixed Australian releases. The House Price Index gained 2.4% in Q3, ending a nasty streak of six consecutive declines. However, NAB Business Confidence fell to zero in November, down from 2 pts a month earlier.
NZD/USD
NZD/USD has reversed directions on Tuesday and posted slight gains. Currently, the pair is trading at 0.6556, up 0.15% on the day. There are on New Zealand events on the schedule, so it will likely remain a quiet day for the pair.
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Pacific Currencies – Summary
USD/CNY
USD/CNY is showing little movement this week. The pair is currently at 7.0371, down 0.06% on the day. There was positive news on the inflation front, as Chinese CPI jumped to 4.5%, up from 3.8% a month earlier. This marked the highest gain since 2012.
AUD/USD
AUD/USD is flat in European trade following mixed Australian releases. The House Price Index gained 2.4% in Q3, ending a nasty streak of six consecutive declines. However, NAB Business Confidence fell to zero in November, down from 2 pts a month earlier.
NZD/USD
NZD/USD has reversed directions on Tuesday and posted slight gains. Currently, the pair is trading at 0.6556, up 0.15% on the day. There are on New Zealand events on the schedule, so it will likely remain a quiet day for the pair.