• Asian session: The dollar got off to a calm start following a choppy end to last week

Market news

9 May 2016

Asian session: The dollar got off to a calm start following a choppy end to last week

China April exports, imports decline more than expected China's exports and imports fell more than expected in April, underlining weak demand at home and abroad and cooling hopes of a recovery in the world's second-largest economy.

Australian PM calls July 2 poll amid economic slowdown, instability Prime Minister Malcolm Turnbull fired the starting gun on Sunday on one of the longest election campaigns in Australia's history, against the backdrop of a flagging economy and heated debate over sensitive political issues like asylum seekers.

The dollar got off to a calm start following a choppy end to last week, while disappointing trade figures out of China barely dented an already defensive Australian dollar.


EUR / USD: during the Asian session, the pair was trading in the $ 1.1380-15

GBP / USD: during the Asian session, the pair was trading in the $ 1.4405-40

USD / JPY: during the Asian session, the pair was trading in range Y107.20-60


Based on Reuters materials

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