The Australian dollar rebounded from its highest against the US dollar during the Asian session

The Australian dollar fell during the Asian session to see its rebound since its highest since July 11 against the US dollar following developments and economic data Wednesday followed by the Australian economy and the day before the data expected by the world's largest economy.

At 03:29 GMT, the Australian dollar fell 0.35% to 0.7397, compared to the opening levels of 0.7424 after recording a low of 0.7392, in two weeks at 0.7449.

We followed the Australian economy to reveal inflation data for the second quarter with the release of the consumer price index, which showed a steady growth rate of 0, 4%, unchanged from the previous quarter, The growth rate accelerated to 0.5% and the base reading of the same index showed a stable growth rate of 0.5% in line with expectations.

In the same context, the annual reading of the consumer price index for the second quarter accelerates growth to 2.1% against 1.9% in the first quarter of the previous year, but the current reading is below badysts' expectations. While the basic annual reading of the index showed steady growth at 1.9% in line with expectations.

On the other hand, markets are currently looking for housing market data in the United States and are banking on a new index of home sales for the month of June, down 2, 9% to about 669,000 homes vs. 6.7% (D.getElementById (id)) {return;} js = d.createElement (& # 39; jsdk & # 39; script & # 39;); js.id = id; js.async = true; js.src = "http://connect.facebook.net/ar_AR/all.js#appId=&xfbml=1";d.getElementsByTagName('head & # 39;) [0] .appendChild (js) ;} (document)); [ad_2]
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