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Posts Tagged ‘Sales’

Sales of newly built homes in the U.S. are expected to hold flat in April and the ongoing weakness within the real economy could bear down on the exchange rate as investors weigh the prospects for a sustainable recovery.

View full post on DailyFX – Trading News Events

A surprise lower consumer retail sales data for March reduces rate hike expectations, sending Australian dollar lower.

View full post on DailyFX – Trading News Events

As market participants expect retail sales in Australia to increase for the second consecutive month in December, the rise in private consumption could lead the near-term rally in the AUD/USD to gather pace as growth prospects improve.

View full post on DailyFX – Trading News Events

Demands for existing homes in the U.S. are expected to increase for the second consecutive month in December, and the data could lead the greenback to recoup the losses from earlier this month as the outlook for growth and inflation improves.

View full post on DailyFX – Trading News Events

Yuan Hong Kong Premium Widens on Supply Limits, Bond Sales: China Credit
The premium investors pay to obtain yuan in Hong Kong’s offshore market is widening, after shrinking to zero last month, as the central bank limits supply and demand for the currency to buy renminbi bonds in the city grows.

Read more on Bloomberg

$A higher on retail sales data
THE Australian dollar was trading close to parity with the US dollar at midday.

Read more on Adelaide Now