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Aussie stable vs. the dollar as NZD trades lower

ArgusFX

The Aussie stabilized against the greenback today, amid the New Zealand dollar moving lower following the disappointing data on local inflation that was below expectations.

Aussie and U.S. dollar stable at 0.7648

The AUD/USD remained at 0.7648, the NZD/USD traded at 0.6884 sliding 0.33%, and the U.S. dollar index at 94.91 rising 0.08%.

The U.S. economy added in October 261,000 jobs, as per the Labor Department last Friday, and was below the predictions for 315,000 additional jobs. The rate of unemployment reached its lowest zone decelerating to 4.1%.

Brent futures at $62.44 per barrel.

The Brent futures approached the $62.44 per barrel, and the U.S. WTI crude at $56 per barrel, the strongest zone since July 2015.

Gold lower in Asia

The precious metal, gold, dropped in early Asian trading session, considerably an opposite move compared to the high political risk in place.

The gold futures for delivery in December traded to $1,268.97 a troy ounce dropping 0.02%.

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Source: https://www.argusfx.com/en/research-education/market-analysis/news/aussie-stable-vs.-the-dollar-as-nzd-trades-lower
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