Dec. 11: MARKET OVERVIEW
The US dollar correction continued in Asia on Thursday, with EUR, GBP and CHF extending their recovery. The upside remains limited, however. USD/JPY has also pulled to a fresh low of 117.40, but the dips were quickly bought.
RBNZ left the interest rate unchanged at 3.50% and reviewed the growth forecasts to the upside. Kiwi dollar touched 0.7860 in the Asian trade.
AUD/USD spiked to 0.8370 as the employment data came out well above the forecasts (42.7K new jobs versus 15K expected).
- SNB meeting
- ECB TLTRO auction
- US retail sales