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Author Archives: Insta Forex

Australia Jobless Rate Holds Steady At 5.2% In June

The unemployment rate in Australia came in at a seasonally adjusted 5.2 percent in June, the Australian Bureau of Statistics said on Thursday – unchanged and in line with expectations. The Australian economy added 500 jobs last month – well ...

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Japan Has Y589.5 Billion Trade Surplus In June

Japan posted a merchandise trade surplus of 589.5 billion yen in June, the Ministry of Finance said on Thursday. That exceeded expectations for a surplus of 403.5 billion yen following the 968.3 billion yen deficit of May. Exports were down ...

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Dollar Turns Weak On Rate Cut Bets, IMF's Comments

The dollar was mostly subdued against major currencies on Wednesday, after scoring notable gains in the previous two sessions. Expectations that the Fed will cut interest rates later this month rendered the currency weak. The International Monetary Fund’s comment that ...

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