Aussie climbs after economic data

Economies.com
2023-09-04 16:36PM UTC

The Australian dollar rose against most major rivals on Monday amid calm trading and following data.

 

Earlier Australian data showed inflation up 0.2% in August, after a 0.8% increase in July.

 

The ANZ index for corporate ads in Australia rose 1.9% last month.

 

On trading, AUD/USD rose 0.1% to 0.6459 as of 17:29 GMT. 

 

Yen 

 

USD/JPY rose 0.2% to 146.4 as of 17:29 GMT.

 

The monetary baseline in Japan rose by 1.7% in August, while analysts expected a 0.2% drop.

 

The Dollar

 

The US Dollar index fell 0.1% as of 17:24 GMT to 104.1, with a session-high at 104.2, and a low at 104.03.

 

Both US stock and bond markets were closed today for the labor day holiday and will resume operations tomorrow.

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