{"id":79593,"date":"2015-10-15T01:21:11","date_gmt":"2015-10-15T05:21:11","guid":{"rendered":"http:\/\/countingpips.com\/?p=79593"},"modified":"2015-10-15T02:09:05","modified_gmt":"2015-10-15T06:09:05","slug":"usd-under-pressure-after-weak-us-data-aud-shrugs-off-disappointing-jobs-data","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/10\/usd-under-pressure-after-weak-us-data-aud-shrugs-off-disappointing-jobs-data\/","title":{"rendered":"USD under pressure after weak US data, AUD shrugs off disappointing jobs data"},"content":{"rendered":"
October 15, 2015<\/div>
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Article by ForexTime<\/a><\/p>\n

Markets managed to shrug off Wall Street\u2019s decline, where soft retail data and a weak outlook in the Federal Reserve\u2019s \u201cBeige Book\u201d saw the S&P 500 end 0.5 per cent lower. Japan\u2019s Nikkei was up 1.4 and Australia\u2019s S&P\/ASX 200 was 0.5 per cent higher. Hong Kong\u2019s Hang Seng was up 2.2 per cent and China\u2019s Shanghai Composite advanced 1.4 per cent. European indices are eyeing their first gains in at least two days, following on from a solid session in Asian markets.<\/p>\n

In the US, the S&P 500 ended the day 0.5 per cent lower, the Dow Jones was down 0.9 per cent and the Nasdaq Composite was down 0.3 per cent. There was a 0.9 per cent drop in the dollar index, which was hurt by the soft US data on Wednesday. It was also the biggest drop for the index, a gauge of the US currency against a basket of global peers, since mid-September.<\/p>\n

Markets were undeterred by disappointing data from Australia this morning, with the economy shedding 5,100 jobs in September, against expectations for a gain of 9,600. However, August\u2019s gain was revised slightly higher, and the unemployment rate held steady at 6.2 per cent.<\/p>\n

The Australian dollar sharply swung in and out of negative territory but had found its feet to be 0.3 per cent higher at US$0.7325. Still, the currency has had a strong run, and has risen for 11 of the past 12 sessions.<\/p>\n

The Japanese yen is 0.2 per cent weaker at Y119.12 per dollar, but on Wednesday reached its strongest point in just over two months, of Y118.63.<\/p>

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The New Zealand dollar continues to climb, up 0.5 per cent this morning to a three-and-a-half-month high of US$0.6823 as consumer confidence jumped in September.<\/p>\n

In Asian currencies, South Korea\u2019s won was up 1.2 per cent after the central bank kept interest rates on hold at a record low 1.5 per cent for the fourth-straight month.<\/p>\n

Oil prices continued to slide. Brent crude, down 0.02 per cent at $49.14 a barrel in Asian trade, way eyeing its fifth straight day of declines, for its first five-day losing streak since July 28.<\/p>\n

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\"Forex-Time-Logo\"Article by ForexTime<\/a><\/span><\/strong><\/p>\n

ForexTime Ltd (FXTM)<\/strong> is an award winning international online forex broker regulated by CySEC 185\/12 www.forextime.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Article by ForexTime Markets managed to shrug off Wall Street\u2019s decline, where soft retail data and a weak outlook in the Federal Reserve\u2019s \u201cBeige Book\u201d saw the S&P 500 end 0.5 per cent lower. Japan\u2019s Nikkei was up 1.4 and Australia\u2019s S&P\/ASX 200 was 0.5 per cent higher. Hong Kong\u2019s Hang Seng was up 2.2 […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-79593","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/79593","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=79593"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/79593\/revisions"}],"predecessor-version":[{"id":79599,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/79593\/revisions\/79599"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=79593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=79593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=79593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}