News about China Boosting Aussie and Kiwi
The Australian dollar and the New Zealand Dollar skyrocketed in today's Asian trading session (14/February), due to the circulation of the two latest news related to China.
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Japan GDP Rebounds, USD/JPY Remains Strengthening
Business and consumer spending recovered after the previous quarter was affected by natural disasters. However, global trade protectionism, especially from the US, still overshadows the Japanese economy to date.
Weakening Australian Dollar Supports the Economy
Weakening Australian dollar supports the economy. According to him, the recent depreciation of the Australian Dollar has worsened because the market takes into account the possibility of a larger interest rate cut, so that bond yields weaken.
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UK Inflation Below Target, Sterling Slips
UK inflation below target, sterling slips. Nevertheless, Sterling is still superior versus the Yen and tends to be stable against the Euro, due to the high interest in market risk today and the small projected impact of the inflation data.
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GBP Seeks Rebound After UK Retail Sales Data Release
GBP seeks rebound after uk retail sales data release. However, the GBP/USD currency pair and GBP/JPY are not yet out of a one-month low, as
the British parliament refuses to remove the probability of a "Brexit No-Deal".
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Euro Strengthens Slightly by Spain’s Stagnation and Political Crisis
Euro strengthens slightly by spain’s stagnation and political crisis. In the daily chart, the currency pair is still near the lowest range since December, after yesterday had fallen due to poor industrial production data and the eruption of the Spanish political crisis.