Mixed announcements bring dollar down

Higher Jobless Claims in the US overshadowed any increased hope of the Democrat in the US House of Reps $2.2 trillion coronavirus relief being voted in. The US Federal Reserve also came out with mixed messages on inflation and employment which had the markets spinning.   After a tough run this week the AUD/US has […]

Update-August CPI

The Consumer Price Index (CPI) numbers for August came in lower than the previous month from 0.6% to 0.4%. On a yearly basis CPI rose from 1 to 1.3%. The dollar Index has had mixed reactions to the result. Currently trading around 93.00, it has made some modest ground as it bounced off 92.7. But […]