On Monday the Australian dollar was weaker in Asia trade despite a positive manufacturing survey as the outlook for inflation appeared quiet. Meanwhile, market players noted a disappointing manufacturing survey from China. The Australian economy is highly dependent on exports to China...
While the details of the third Greek bailout are currently discussed in Athens, International Monetary Fund (IMF) could be ready to pull out of negotiations...
On Friday the euro turned higher against the greenback, after positive euro zone inflation data. Meanwhile, sentiment on the greenback was weaker ahead of a U.S. consumer sentiment report due later in the day...
On Friday crude oil prices dropped on the news of robust economic growth in the U.S. which strengthened the dollar, leading the commodity to log its worst monthly performance of the year to date...
On Friday the greenback weakened versus the yen and euro during Asia trade, as investors were digesting U.S. GDP data while waiting for a fresh series of U.S. economic data from an index of U.S. April-June employment costs out later in the day to July jobs data scheduled for release next week...