Aussie higher to the U.S. dollar

Tuesday, 22/11/2016 | 08:36 GMT

Disclaimer

Aussie climbed versus the U.S. dollar today, following the weaker demand for the dollar amid the optimism that the U.S. economy will resume gaining upside momentum. The AUD/USD traded to 0.7375.

U.S. dollar looks stable amid Trump's plan

The U.S. dollar stabilized, upon the estimations, and the expectations, that the economic growth shall continue, and inflation will rise following Trump's plan to cut taxes and increase fiscal spending.

The NZD/USD currency pair traded to 0.7058, declining 0.10%. The U.S. dollar index traded at 101.05, rising 0.11%.

Switzerland

Switzerland's trade balance dropped from 4.325B to 2.678B. The economists and the analysts estimated the nation's TB to decline to 3.890B.

Japan

Japan's stocks traded higher being boosted by Retail, Mining, and Shipbuilding.

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Source: https://www.argusfx.com/en/research-education/market-analysis/news/aussie-higher-to-the-u.s.-dollar

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