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Day: July 27, 2018
July 272018
Australian Dollar Mixed After Producer Inflation Unexpectedly Slows
The Australian dollar was mixed today, rising against such currencies as the euro and Swiss franc but falling against the US dollar and the Japanese yen, after a report showed that Australia’s producer inflation slowed unexpectedly. The Australian Bureau of Statistics reported that the Producer Price Index rose 0.3% in the June quarter from the previous three months. Analysts had expected the same 0.5% rate of growth as in the March quarter. Next week, […]
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July 272018
Australian Dollar Mixed After Producer Inflation Unexpectedly Slows
The Australian dollar was mixed today, rising against such currencies as the euro and Swiss franc but falling against the US dollar and the Japanese yen, after a report showed that Australia’s producer inflation slowed unexpectedly. The Australian Bureau of Statistics reported that the Producer Price Index rose 0.3% in the June quarter from the previous three months. Analysts had expected the same 0.5% rate of growth as in the March quarter. Next week, […]
Read more
July 272018
Japanese Yen Keeps Its Place Among Strongest Currencies
The Japanese yen was among the strongest currencies today following the domestic economic releases, which were better-than-expected. The Tokyo core Consumer Price Index rose 0.8% in July, year-on-year, after increasing 0.7% in June according to the report from the Statistics Bureau. Yesterday, the Bank of Japan reported that the Services Producer Price Index rose 1.2% in June after increasing 1.0% in May. Analysts had expected both indicators to show the same […]
Read more
July 272018
Japanese Yen Keeps Its Place Among Strongest Currencies
The Japanese yen was among the strongest currencies today following the domestic economic releases, which were better-than-expected. The Tokyo core Consumer Price Index rose 0.8% in July, year-on-year, after increasing 0.7% in June according to the report from the Statistics Bureau. Yesterday, the Bank of Japan reported that the Services Producer Price Index rose 1.2% in June after increasing 1.0% in May. Analysts had expected both indicators to show the same […]
Read more