Home » today » World » The salary in Australia becomes insufficient due to the increase in inflation. How is the US and Canadian dollar trading? By FXMAG UK

The salary in Australia becomes insufficient due to the increase in inflation. How is the US and Canadian dollar trading? By FXMAG UK

© Reuters. The salary in Australia becomes insufficient due to the increase in inflation. How is the US and Canadian dollar trading?

FXMAG Spain – Today in Australia the economic indicator of salary costs and the percentage of construction works carried out have been presented, where for now we understand that both evaluations fell considerably, causing a slight cut in the price of the Australian dollar. Today in this article we will analyze the 3 most important pairs of this morning. I clarify that this article does not have any technical comments and we simply write the changes that the currencies have had, perhaps highlighting some dates or events that will lead to a drastic change in their price.

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The pair returns to the lows for the month ()

Today the US economic agenda is waiting for the night, where we will have a look at the minutes of the FOMC meeting and the weekly reserves of the . Both indicators may give great strength to the dollar, but there would have to be a very attractive result or speech for the market.

The Australian dollar to US dollar exchange rate currently has a value of $0.681 at 9:40 am on February 22, while at its opening it had a cost of $0.686, having then now a measured devaluation of -0.57%.

Today’s trading range: $0.682 (lower price) and $0.686 (higher price).

Updated chart of the AUD/USD pair in a space of time of one day

Find out how the New Zealand dollar is trading today ()

The New Zealand interest rate decision was released early today, with the RBNZ raising rates by 50 basis points, just as the market expected before the catastrophic events of Cyclone Gabrielle. Some analysts expected a pause in monetary policy, but bankers preferred to play it safe.

The Australian dollar to New Zealand dollar conversion opened at $1,103 at 9:45 am on February 22, while at this time its estimate is around $1,096, leading to a variation of -0.57%.

Trading range of the day: $1,095 (minimum price) and $1,104 (maximum price).

Updated chart of the AUD/NZD pair in a space time of one day

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How is the Canadian dollar trading today in Australia ()?

Canada’s annual inflation gradually dropped 4 tenths, being the opposite of market expectations, even retail sales were strong in December. Later today we will have an approach to the new home price index, where we could go from a previous 0.0% to an update of 0.1%.

The Australian dollar to Canadian dollar pair opened today at $0.928 and currently costs $0.923 at 9:55 am on February 22, presenting a percentage difference of -0.44% in today’s session.

Trading range of the day: $0.923 (minimum price) and $0.929 (maximum price).

Updated chart of the AUD/CAD pair in a space-time of one day

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