English
Afrikaans
Albanian
Amharic
Arabic
Bulgarian
Chinese (Simplified)
Chinese (Traditional)
Croatian
Dutch
Filipino
French
German
Greek
Hindi
Indonesian
Irish
Italian
Japanese
Korean
Lao
Latin
Nepali
Persian
Polish
Portuguese
Romanian
Russian
Serbian
Sesotho
Spanish
Thai
Turkish
Forex – AUD/USD holds steady, kiwi slips lower in late trade
The Australian dollar was little changed against its U.S. counterpart on Monday, while the New Zealand dollar slipped lower as expectations for U.S. rate hike in December continued
to support the greenback, although fresh geopolitical tensions weighed. Trading volumes were expected to remain thin with U.S. markets closed for Columbus Day. AUD/USD held
steady at 0.7763, not far from Friday’s three-month lows of 0.7732. The dollar retreated following reports on Friday that North Korea is preparing to test a long-range missile, adding
to fears over a potential conflict in the region. But the greenback remained broadly
supported as the wage data from Friday’s U.S. jobs report was seen as potentially boosting inflation. The U.S. economy lost 33,000 jobs in September, the Labor Department reported,
ending seven straight years of job growth. But the decline was driven by slower hiring due to the effects of Hurricanes Irma and Harvey. The unemployment rate fell to 4.2%, the lowest since 2001 and average hourly earnings rose 2.9% from a year earlier. The uptick in wage inflation bolstered expectations that the Federal Reserve will hike interest rates in December.
Expectations that U.S. rates will rise help support the dollar by making U.S. assets more attractive to yield-seeking investors. NZD/USD slipped 0.21% to trade at 0.7074, just off Friday’s four-month trough of 0.7059. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was steady at 93.63 by 02:15 a.m. ET (06:15 GMT), still close to Friday’s 10-week highs of 94.10.
Well crafted post, the structure flows naturally from one point to the next without forcing transitions, and a stop at blog66hospital kept the same flow going, you can tell when a writer has thought about how their content reads rather than just what it contains and this is one of those examples.
Glad to find a site whose links lead somewhere worth going rather than back to itself for SEO juice, and a stop at questperk kept that generous outbound feel, citing other peoples work with real respect rather than just for ranking signals is a sign of an honest operation worth supporting going forward.
Worth recognising the specific care that went into how this post ended, and a look at kovelune maintained the same careful conclusions, endings are where most blog content falls apart and this site has clearly invested in the closing stretches of its pieces rather than letting them simply trail off when energy fades.
Honest assessment after reading this twice is that it holds up under careful attention, and a look at trendtally extended that durability across more pages, content that survives a second read without revealing weak spots is rarer than the average reader probably realises and this site clearly cleared that bar.