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A Busy Economic Calendar Puts the EUR, the Loonie, and the Dollar in Focus

Mount Equity Group Tokyo, Japan > News > Markets > A Busy Economic Calendar Puts the EUR, the Loonie, and the Dollar in Focus

Building consents had a relatively muted impact on the Kiwi Dollar this morning.

In July, consents rose by 2.10% month-on-month, following a 4.0% increase from June.

The ANZ Business Confidence Index fell from -3.8 to -14.2 in August. In spite of the decline, the Kiwi held on to early gains.

The Kiwi Dollar moved from $0.70225 to $0.70207 upon release of the figures. At the time of writing, the Kiwi Dollar was up by 0.53% to $0.70326.

For the Japanese Yen

Industrial production was the key stat of the morning for the Yen. Production fell by 1.50% in July, versus a forecasted 2.5% slide. In June, production had jumped by 6.5%.

According to the Ministry of Economy, Trade and Industry,

Industries that mainly contributed to the decrease were in the following order:

  • Motor vehicles.
  • Electrical machinery, and information and communication electronics equipment.
  • Inorganic and organic chemicals.

Industries that mainly contributed to the…

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