Xtreamforex FX News Wrap: Major FX rates subdued
Major FX rates tracked mainly sideways during the session here with little net change to report on the day. Fresh news was thin on ground although we did get a couple of data releases, none of which had much currency impact:
NZD/USD takes offers around 0.7060, down 0.10% intraday, after moving away from the key resistance line during early Thursday. In doing as such, the kiwi pair snaps a four-day upturn while likewise invigorating the intraday low.
Australia’s trade surplus (July) hit a record high while housing finance figures for the month indicated the upward swing in prices looks to have some room to run still
On the central bank from we had remarks from uber-dovish Bank of Japan board member Kataoka, he said Japan’s economic recovery is too slow and he’d add more stimulus if it were up to him.
After the move higher in ETH on Wednesday US time BTC added on gains here, as I update it is on approach to US$50K.