Aussie drops following a weak data release

The Australian dollar traded lower versus its major counterpart, the U.S. dollar, following the weak Australian data release, while the NZD currency gained momentum amid the recent tensions between North Korea and the U.S.

Australian dollar and dollar to 0.7957

The AUD/USD pair traded to 0.7957 falling 0.13%, and the NZD/USD approached the 0.7173 zone rising 0.22%. The U.S. dollar index approached the 92.52 level declining 0.31%.

Gold rises to its 12-months strongest zone

Gold appreciated having reached its highest zone within a period of 12 months as the investors focused greatly on safe-haven assets following North Korea's recent testing of a hydrogen bomb.

The Comex gold futures aimed to $1,342.30 a troy ounce jumping approximately 0.9% or $11.90. Silver futures reached $17.93 a troy ounce gaining 12.3 cents or 0.7%.

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