February 20, 2020
The Australian dollar plunged against peers following the January jobs data. The unemployment rate rose to 5.3% from 5.1% previously, as the participation rate ticked higher to 66.1% from a prior reading of 66.0%, while employment change came in at 13.5 thousand, slightly above the assumptions.
February 19, 2020
The dollar index, which measures the greenback against a basket of major currencies, soared to 99.48, its highest level since early October, as investors favored the US economic outlook over its rivals.
February 18, 2020
The Australian dollar dropped against rivals on somehow dovish RBA minutes.The Reserve Bank of Australia published the minutes of the last monetary policy meeting, revealing that the board discussed further easing but chose to hold taking into consideration that interest rates are already very low.
February 17, 2020
The Euro finished last week sharply lower against rivals amid growing concerns over the economic growth of the region. The latest economic figures were a bit soft.
February 12, 2020
The Reserve Bank of New Zealand left interest rates unchanged at 1.0% as widely expected in its first monetary policy meeting this year.