• Foreign exchange market. Asian session

Market news

7 May 2015

Foreign exchange market. Asian session

(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)

01:30 Australia Changing the number of employed April 48.1 Revised From 37.7 5.0 -2.9

01:30 Australia Unemployment rate April 6.1% 6.2% 6.2%


The pound was little changed before U.K. elections on Thursday and Australia's dollar rose after the nation's unemployment rate remained below its peak.

The dollar was less than 0.4 percent from a three-month low amid concern a U.S. payroll report on Friday will add to signs the world's biggest economy is slowing. A gauge of the greenback is set for a four-week decline, its worst losing streak since 2013, as investors wait for more clues on the U.S. economy's direction and the Fed's ability to raise interest rates this year.


EUR / USD: during the Asian session, the pair was trading around $ 1.1340

GBP / USD: during the Asian session, the pair was trading around $ 1.5240

USD / JPY: during the Asian session the pair rose to Y119.60

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