
Softer than expected U.S. retail sales data saw the Australian dollar rise against the greenback in overnight trade.
At 7 am local time on Wednesday, the Australian dollar was trading at 74.54 U.S. cents, up from 74.28 U.S. cents on Tuesday.
Westpac strategist Imre Speizer told Business Review on Wednesday currency traders' attention had been on the US ahead of the Greek parliament's vote on the euro-zone's bailout conditions.
"U.S. data took center stage for a change," Speizer said. " Retail sales disappointed, causing a dip in the U.S. dollar and U. S. interest rates, while equities rose."
GMT 12:01 2018 Tuesday ,23 January
Bahrain Bourse daily trading performanceGMT 19:16 2018 Monday ,22 January
TRA responds to hoax Dh5,000 VPN fine SMSGMT 13:09 2018 Sunday ,21 January
Bahrain Bourse daily trading performanceGMT 13:50 2018 Friday ,19 January
US SEC says bitcoin funds raise ‘investor protection issues’GMT 06:50 2018 Friday ,19 January
European stocks mostly advance on bright global outlookGMT 09:12 2018 Thursday ,18 January
European stock markets join global downtrendGMT 17:06 2018 Wednesday ,17 January
China temporarily waives taxes to get foreign firms to stayGMT 17:01 2018 Wednesday ,17 January
JPMorgan Chase earnings drop on weak trading, tax items

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor