The Australian dollar tumbled to a six-week low on Wednesday as soft domestic in...
TOKYO - The Australian dollar tumbled to a six-week low on Wednesday as soft domestic inflation reinforced prospects of monetary easing, while the U.S. dollar hovered near a 22-month high against its peers on after strong U.S. housing data further eased concerns towards the world’s biggest economy.
“The weak CPI heightens the prospect of RBA cutting rates at its May 7 meeting,” said Ayako Sera, senior market economist at Sumitomo Mitsui Trust. Crude oil prices rallied to six-month peaks this week, while the S&P 500 and Nasdaq reached record high closings overnight. The euro , which has the largest weighting within the dollar index, was down 0.15 percent at $1.1212 after shedding 0.25 percent the previous day.
U.S. first quarter GDP data on Friday could strengthen the case that while the current period of global expansion is in its late stages, the United States is on a firmer footing compared with other leading economies.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Aussie sinks on soft inflation, dollar near 22-month high on strong U.S. dataThe Australian dollar tumbled to a six-week low on Wednesday as soft domestic in...
Leer más »
This 22-year-old college student makes $10,000 a month off Amazon's AlexaThis 22-year-old college student makes $10,000 a month off Amazon's Alexa. via CNBCMakeIt
Leer más »
22 Of The Best Clapbacks To Ever Come Out Of A Teen Movie Or TV Show'You're a virgin who can't drive.'
Leer más »
Uber CEO's advice for his 22-year-old self: 'Get the hell out of investment banking'Uber CEO's advice for his 22-year-old self: 'Get the hell out of investment banking.' via CNBCMakeIt
Leer más »
What the average American spends in a year in 22 major citiesAmericans spend the bulk of their money on housing, food, and transportation. Here's what it looks like in different US cities.
Leer más »
22 Pretty Strange Things All Close Sisters Have Done'Wake up.' 'We’re late.' 'The house is on fire.' 'Your sister touched your stuff.' *barrel-rolls out of bed*
Leer más »
22 Things Night People Who Have To Get Up Early Every Day Will Totally GetWhy is society like this.
Leer más »