Aussie and U.S. dollar upper to 0.7438

Wednesday, 23/11/2016 | 08:36 GMT-0

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Aussie and New Zealand dollar traded upper to the U.S. dollar today, amid the negative data release in Australia, while the greenback minimized its recent rally.

Aussie and dollar to 0.7438

The AUD/USD currency pair traded to its strongest zone, since November, to 0.7438, gaining 0.49%. The NZD/USD traded at 0.7078, rising 0.21%.

The U.S. dollar index traded to 100.97, close to its fourteen-year peak the 101.54 zone, thus being 0.12% weaker.

New Zealand

New Zealand's producer price inflation rose from 0.9% to 1.5%.

France

The French services PMI climbed from 51.4 to 52.6 and did not match the analysts' predictions for appreciation to 51.9.

The nation's manufacturing PMI declined from 51.8 to 51.5. The economists estimated the indicator to drop to 51.4.

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Source: https://www.argusfx.com/en/research-education/market-analysis/news/aussie-and-u.s.-dollar-upper-to-0.7438

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