Hello and welcome in a blog breaking news Alfrux
Breaking news Forex currency market, forex market GMT. Forex traders
Urgent and exclusive news about the trade and the latest news currency and
currency rates, explanations profit of Alfrux, SEC
Breaking forex news
Forexpros - The New Zealand dollar was steady against its U.S. counterpart on Monday, as investors remained cautious ahead of the upcoming U.S. presidential elections, while strong U.S. employment data continued to support the greenback.
NZD/USD hit 0.8266 during European morning trade, the daily high; the pair subsequently consolidated at 0.8254, inching up 0.04%.
The pair was likely to find support at 0.8212, the low of November 1 and resistance at 0.8288, the high of November 2.
The greenback remained supported after the U.S. Department of Labor on Friday said the economy added 171,000 jobs in October, beating forecasts for an increase of 125,000. The unemployment rate ticked up to 7.9% from 7.8% in September as more people re-entered the labor force.
The U.S. dollar also found support amid uncertainty over the outcome of Tuesday’s U.S. presidential elections, with opinion polls indicating a dead heat between President Barack Obama and Republican challenger Mitt Romney.
The kiwi was lower against the Australian dollar with AUD/NZD adding 0.14%, to hit 1.2547.
Also Monday, official data showed that Australia's trade deficit narrowed more-than-expected in September, improving to AUD1.46 billion from a deficit of AUD1.88 billion the previous month.
Analysts had expected the trade deficit to narrow to AUD1.65 billion in September.
A separate report showed that retail sales in Australia rose by 0.5% last month, more than the expected 0.4% increase, after a 0.3% rise in August.
Later in the day, the Institute of Supply Management was to publish data on U.S.service sector activity.
Breaking news Forex currency market, forex market GMT. Forex traders
Urgent and exclusive news about the trade and the latest news currency and
currency rates, explanations profit of Alfrux, SEC
Breaking forex news
Forexpros - The New Zealand dollar was steady against its U.S. counterpart on Monday, as investors remained cautious ahead of the upcoming U.S. presidential elections, while strong U.S. employment data continued to support the greenback.
NZD/USD hit 0.8266 during European morning trade, the daily high; the pair subsequently consolidated at 0.8254, inching up 0.04%.
The pair was likely to find support at 0.8212, the low of November 1 and resistance at 0.8288, the high of November 2.
The greenback remained supported after the U.S. Department of Labor on Friday said the economy added 171,000 jobs in October, beating forecasts for an increase of 125,000. The unemployment rate ticked up to 7.9% from 7.8% in September as more people re-entered the labor force.
The U.S. dollar also found support amid uncertainty over the outcome of Tuesday’s U.S. presidential elections, with opinion polls indicating a dead heat between President Barack Obama and Republican challenger Mitt Romney.
The kiwi was lower against the Australian dollar with AUD/NZD adding 0.14%, to hit 1.2547.
Also Monday, official data showed that Australia's trade deficit narrowed more-than-expected in September, improving to AUD1.46 billion from a deficit of AUD1.88 billion the previous month.
Analysts had expected the trade deficit to narrow to AUD1.65 billion in September.
A separate report showed that retail sales in Australia rose by 0.5% last month, more than the expected 0.4% increase, after a 0.3% rise in August.
Later in the day, the Institute of Supply Management was to publish data on U.S.service sector activity.
0 comments:
Post a Comment