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Day: November 2, 2017
November 22017
Positive Domestic Macroeconomic Data Lifts Australian Dollar
The Australian dollar rose during the Thursday’s trading session, lifted by positive domestic macroeconomic data. Australia’s trade balance widened from $0.87 billion in August to $1.75 billion in September, exceeding the median forecast of $1.42 billion. Building permits increased by 1.5% in September from the previous month on a seasonally adjusted basis. That is instead of a 0.9% drop predicted by analysts. AUD/USD rose from 0.7675 to 0.7703 as of 10:19 GMT today, touching […]
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November 22017
Positive Domestic Macroeconomic Data Lifts Australian Dollar
The Australian dollar rose during the Thursday’s trading session, lifted by positive domestic macroeconomic data. Australia’s trade balance widened from $0.87 billion in August to $1.75 billion in September, exceeding the median forecast of $1.42 billion. Building permits increased by 1.5% in September from the previous month on a seasonally adjusted basis. That is instead of a 0.9% drop predicted by analysts. AUD/USD rose from 0.7675 to 0.7703 as of 10:19 GMT today, touching […]
Read more