Thursday, 09 April 2020
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
AUD/USD: No response to Aussie Q4 wage growth data
Wednesday, 19 February 2020 08:10 WIB | CURRENCIES |AUD/USD,Dolar Australia,Dolar AS

AUD/USD has barely moved in response to the Aussie wage growth data for the fourth quarter released by the Australian Bureau of Statistics 00:00 UTC.

The data showed wages growth sticking at 0.5% quarter-on-quarter and 2.2% year-on-year as expected, leaving the AUD/USD unaffected around 0.6692, the level where it was trading before the data was released.

The lackluster market reaction is not surprising, given the fourth quarter wage growth largely reflects the pre-coronavirus period and look outdated.

The focus now is on the labor market data scheduled for release on Friday. the economy is forecasted to have added 10k jobs in January and the jobless rate is expected to have risen slightly to 5.2% from 5.1% previously.

Source : FXstreet

RELATED NEWS
Risk currencies buoyed by cautious hopes pandemic is peaking...
Thursday, 9 April 2020 08:21 WIB

Risk-sensitive currencies climbed on Thursday on budding optimism the coronavirus pandemic may be peaking although the euro was dented by the European Union's failure to agree on more support for thei...

Dollar Gains as Coronavirus News Disappoints...
Wednesday, 8 April 2020 15:50 WIB

The U.S. dollar is back in demand Wednesday, as investors sought safe havens amid disappointing news surrounding the coronavirus outbreak and the economic damage in Europe becomes apparent. At 3 AM E...

Dollar creeps higher as virus worries return...
Wednesday, 8 April 2020 08:47 WIB

The dollar found a footing on Wednesday as investors returned to safe-havens, unwinding some risk currency gains made on hopes the coronavirus crisis in Europe and New York was slowing. The greenback...

Pound Rallies as Risk Appetite Returns, Traders Await News on Johnson...
Tuesday, 7 April 2020 23:33 WIB

Sterling rallied on Tuesday with a broad rebound in risk markets encouraging some selling of the dollar, while traders awaited news on British Prime Minister Boris Johnson, who is stable in intensive ...

Dollar Weakens as Risk Sentiment Improves...
Tuesday, 7 April 2020 16:15 WIB

The dollar has been on the back foot Tuesday, with risk sentiment boosted by further evidence that the virus has peaked in some countries in Europe, while the U.S. has also seen scattered evidence of ...

LATEST NEWS
European markets open higher ahead of US jobless claims data

European markets opened higher Thursday as market participants start to hope that the coronavirus pandemic is reaching a peak, but the latest U.S. unemployment claims data could hit sentiment. The pan-European Stoxx 600 climbed 1.1% in early...

Tokyo's Nikkei edges down as virus fears offset stimulus hope

Tokyo's benchmark Nikkei index closed marginally lower on Thursday, as expectations for the impact of a massive Japanese economic package were offset by worries over the ongoing coronavirus pandemic. The Nikkei 225 index lost 0.04 percent, or 7.47...

Oil prices rise on optimism OPEC+ meeting will result in supply cut

Oil prices rose on Thursday on expectations the world's largest oil producers would agree to cut production at a meeting later in the day as the industry grapples with a coronavirus-driven collapse in global oil demand. Brent crude (LCOc1) futures...

POPULAR NEWS
Gold Futures Finish Lower after Brief Climb Above $1,700
Wednesday, 8 April 2020 01:40 WIB

Gold futures finished lower on Tuesday, easing back after briefly climbing above $1,700 an ounce for the first time since late 2012. There was a...

Gold Futures Settle at a More Than 7-Year High
Tuesday, 7 April 2020 00:56 WIB

Gold futures climbed on Monday to settle at their highest in more than seven years. "Fiscal and monetary stimulus will provide a nice backdrop for...

Gold Prices Settle Slightly Higher, Then See Volatile Trade after Fed Meeting Minutes
Thursday, 9 April 2020 01:48 WIB

Gold prices settled with a modest gain on Wednesday, then saw volatile moves in electronic trading, edging lower, then higher, following the release...

Gold eases on firmer dollar, coronavirus slowdown signs
Wednesday, 8 April 2020 09:16 WIB

Gold prices eased on Wednesday as the U.S. dollar firmed, while signs of a slowdown in the new coronavirus cases in major hot spots hurt the metal's...