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- Foreign exchange market. Asian session
Foreign exchange market. Asian session
(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)
00:10 U.S. FOMC Member Laсker Speaks
00:30 Australia Leading Index April -0.3% 0.1%
01:30 Australia Construction Work Done Quarter I -0.6% Revised From -0.2% -1.5% -2.4%
The dollar climbed after strong American data bolstered the case for higher interest rates. Better-than-expected readings on U.S. capital-equipment orders, new home sales and regional manufacturing Tuesday burnished the outlook for tighter monetary policy, with the Federal Reserve emphasizing that any rate increases will be driven by data. Talks between Greece and its creditors are said to be stalling ahead of next month's payment deadline.
Fed Vice Chairman Stanley Fischer said Tuesday at Tel Aviv University that U.S. policy makers will consider global growth as they start to raise key rates, adding that borrowing costs could be boosted more gradually should the world economy falter. Chair Janet Yellen said last week that borrowing costs will be boosted this year.
EUR / USD: during the Asian session, the pair was trading in the $ 1.0860-90
GBP / USD: during the Asian session, the pair was trading in the $ 1.5375-95
USD / JPY: during the Asian session the pair rose to Y123.30
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