The Australian and New Zealand dollars are also falling
The Australian and New Zealand dollars were also affected by the dollar's strength. It was difficult to return the Australian dollar to exceed the level of 0.72, which was surpassed briefly after reading the positive GDP in China, as the currency seemed more comfortable near the level of 0.7150. Australian currency traders are now turning to quarterly inflation numbers next week, which could determine whether the Reserve Bank of Australia will cut interest rates in the near future.
The Canadian dollar may have been the exception because its losses were more contained. The Canadian Dollar was supported by better-than-expected retail sales figures, as earlier CPI figures indicated a rise in core inflation measures in Canada. However, the Canadian dollar remained stuck in a tight range and the USD / CAD pair last traded near the 1.3370 level as traders wait for the Bank of Canada meeting next week for further guidance.
In commodities, US Treasuries rose at four-month lows at $ 1270.63.