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Aussie Dollar Climbs on Strong Retail Sales Data, U.S. Dollar Slips
Friday, 11 January 2019 16:25 WIB | CURRENCIES | Indeks DolarDolar ASAussieDolar

The Australian dollar climbed on Friday in Asia after data of the country™s retail sales for November came in better than expected.

Sales rose 0.4% month-on-month, up from the 0.3% growth in October and above analysts™ estimates of a 0.3% gain.

Meanwhile, the U.S. dollar slipped after Federal Reserve Chairman Jerome Powell reiterated that the central bank could afford to be patient on monetary policy.

Fed Vice Chairman Richard Clarida echoed his comment on Thursday.

The U.S. dollar index that tracks the greenback against a basket of other currencies last traded at 94.933 by 12:13 AM ET (05:13 GMT), down 0.2%.

Investing.com

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