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Aussie Slides to an 11-Year Low on Soft Jobs Data Aussie Slides to an 11-Year Low on Soft Jobs Data

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.

Dollar Index Rallies to Another Multi-month high, FOMC Minutes in Focus Dollar Index Rallies to Another Multi-month high, FOMC Minutes in Focus

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.

Aussie Plunges on Dovish RBA Minutes Aussie Plunges on Dovish RBA Minutes

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.

Euro Softens on Growth Concerns Euro Softens on Growth Concerns

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.

Kiwi Soars on RBNZ Statement Kiwi Soars on RBNZ Statement

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.

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