FXStreet (Bali) - The Aussie traded firmer in Asia, benefited by local data, the Japanese Yen was the main laggard, while the rest of currencies saw little action on thin volume.



Over the weekend, China published the Non-Manufacturing Purchasing Managers Index for July, coming at 54.2 vs 55.00 prior. In Europe, Bank of Portugal head confirmed that Banco Espirito Santo will be recapitalised via a bank resolution fund, with the bank undergoing a split of 'good' and 'bad' assets in two different entities.



In Japan, the monetary base for July came at +42.7% y/y vs 42.6%. Meanwhile, in Australia, the ANZ Job advertisements for July was +0.3 vs 4.4% last, retail sales for June were +0.6% vs 0.3% exp, and the TDS/Melbourne Institute (MI) Inflation Gauge for July stood at +0.2% m/m vs 0% prior. In New Zealand, the ANZ Commodity Price Index for July was -2.4% vs -0.9% prior.



You May Also Like

COMPANIES IN THIS ARTICLE
Related Forex Analysis
  1. Forex News

    Pound May Rise as 2Q UK GDP Data Boosts BOE Rate Hike Bets

  2. Forex News

    USD/JPY Technical Analysis: Trying to Clear Path Sub-123.00

  3. Forex News

    Kiwi strongest in Asia, UK Prelim Q2 GDP - Key

  4. Forex News

    USD/JPY swings back higher to 123.50

  5. Forex News

    Risk Aversion Builds Pace, Pound Faces Volatility on UK GDP Data

Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!