Forex Today: Oil jumps on surprise output cut, US Dollar benefits from cautious mood

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Forex Today: Oil jumps on surprise output cut, US Dollar benefits from cautious mood
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Forex Today: Oil jumps on surprise output cut, US Dollar benefits from cautious mood – by eren_fxstreet Currencies Majors Macroeconomics

stays under modest bearish pressure and trades at around 0.6670 in the European morning. In February, Building Permits in Australia grew by 4% but Home Loans declined by 1.2%. TD Securities Inflation declined to 5.7% on a yearly basis in March from 6.3% in February. In the early Asian session on Tuesday, the Reserve Bank of Australia will announce its interest rate decision.managed to close the week in positive territory for the fifth straight time. The pair continues to stretch lower toward 1.

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