ForexLive Asia FX news: NZD, AUD sneak a little higher

Author: Eamonn Sheridan | Category: News

Forex and Bitcoin news for Asia trading Tuesday 13 March 2018

The Australian dollar was helped along by some data today. January home loans were not the focus, it was the NAB business survey for February. Business 'Conditions' recorded an all-time high, while confidence dropped a couple of points. Conditions is a more objective measure than confidence, and the market liked the result. Still, movement was small, AUD/USD climbing past its overnight high toward 0.78890 before encountering resistance again. As I update its dropping back to be around the middle of its day's range so far.

NZD/USD has been a better performer, adding 20-odd points with little NZ-specific news nor data to go on today apart from a speech from RBNZ Gov. Spencer. & 'food price' inflation data.

USD/JPY lost a few points but has come back also to mid-range more or less. There was little fresh out of the land sale scandal and little else to drive it.

EUR, GBP, CHF CAD ... all little changed against the USD. Gold is farily net flat on the session also. BTCUSD tracked around 9000 USD, sitting mainly just above there.

Still to come: