logo |

News

    Home   >     Original    >     Main body

    The US Retail Industry Data Soared. How would USD and AUD Perform?

    Abstract:The retail sales data released by the United States of May was better than expected, which brought about a rise in US stocks as well as USD, while AUD and NZD fell.

      WikiFX News (17 June) -The retail sales data released by the United States of May was better than expected, which brought about a rise in US stocks as well as USD, while AUD and NZD fell.

      In May, retail sales in the United States has increased by 17.7% MoM, much higher than the estimated growth of 8.0%, which further highlighted the tendency of economic recovery. However, Fed Chairman Jerome Powell warned that there was still a huge volatility in labor market reports, calling for patience, and he estimated that there was a long way to go for economic recovery.

      Powell's speech weakened some of the increase amount of the US stocks after the retail sales data was released, and the foreign exchange market also showed a certain degree of risk aversion. The safe-haven currency US dollar rose, while the cycle-sensitive AUD and NZD fell.

      In today's Asian market period, in the context of the worry about the second epidemic and geopolitical tensions, the safe-haven currencies USD and JPY are expected to rise continuously, while AUD and NZD may be in a difficult situation.

      The above information is provided by WikiFX, a world-renowned foreign exchange information query provider. For more information, please download the WikiFX App: bit.ly/WIKIFX

    分析-06.17.png

    Latest News

    New Zealand Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand

    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
    Current Rate  :
    --
    Amount
    New Zealand Dollar
    Available
    -- United States Dollar
    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click "Complaints "and "Correction" to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.

    ×

    Select Country/Area

    ×

    Select Country/Area