Foreign exchange market. Asian session: the New Zealand dollar traded higher against the U.S dollar, supported by the election's outcome
22.09.2014, 08:48

Foreign exchange market. Asian session: the New Zealand dollar traded higher against the U.S dollar, supported by the election's outcome

The U.S. dollar traded mixed against the most major currencies. The greenback remained supported by speculation the Fed will start to hike its interest rate sooner than expected.

The New Zealand dollar traded higher against the U.S dollar. The kiwi was supported by the election's outcome. New Zealand's ruling National party won a parliamentary majority on Saturday.

The Westpac consumer confidence index for New Zealand declined to 116.7 in September from 121.2 in August.

The Australian dollar hits 6-month low against the U.S. dollar in the absence of any major economic reports from Australia.

The Japanese yen traded slightly higher against the U.S. dollar in the absence of any major economic reports from Japan.

EUR/USD: the currency pair rose to $1.2867

GBP/USD: the currency pair increased to $1.6363

USD/JPY: the currency pair traded mixed

The most important news that are expected (GMT0):

10:00 Germany Bundesbank Monthly Report

13:00 Eurozone ECB President Mario Draghi Speaks

14:00 Eurozone Consumer Confidence September -10 -11

14:00 U.S. Existing Home Sales August 5.15 5.21

14:05 U.S. FOMC Member Dudley Speak

17:00 Canada Gov Council Member Wilkins Speaks

23:30 U.S. FOMC Member Narayana Kocherlakota

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