New Zealand and Aussie lower vs. the dollar

The New Zealand and the Australian dollar traded lower versus the U.S. dollar today, amid the traders locking in profits, with the losses estimated to resume limited following the Chinese positive data, as the greenback remains fragile.

AUD/USD 0.27% lower

The AUD/USD pair traded to 0.7669 dropping 0.27%, slightly away from its 3-month strongest zone the 0.7716.

During today's early trading session, China's Caixin manufacturing PMI climbed from 49.6 in May to 50.4 for the month of June, with the analysts expecting the index to drop to 49.5.

The NZD/USD pair reached the 0.7304 level depreciating 0.37%, and the U.S. dollar index went to 95.56 rising 0.18%.

Oil rises for the 8th straight day

Today, oil prices appreciated once again performing their eighth consecutive daily rise, the strongest rally within the last 5 years.

Brent crude future traded at $48.96 a barrel rising 19 cents gaining 5.2% last week. The U.S. crude futures reached $46.27 per barrel rising 23 cents.

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