{"id":108656,"date":"2017-07-27T23:43:46","date_gmt":"2017-07-28T03:43:46","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=108656"},"modified":"2017-07-27T23:43:46","modified_gmt":"2017-07-28T03:43:46","slug":"aussie-dollar-slides-against-us-currency-overnight","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2017\/07\/27\/aussie-dollar-slides-against-us-currency-overnight\/","title":{"rendered":"Aussie dollar slides against US currency overnight"},"content":{"rendered":"<figure id=\"attachment_108661\" aria-describedby=\"caption-attachment-108661\" style=\"width: 300px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/07\/4603522314_f01c8dc14b_o.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-108661\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/07\/4603522314_f01c8dc14b_o-300x126.jpg\" alt=\"The Australian dollar was trading lower due to the strength of the US currency (Photo by Miran Rijavec, CC BY 2.0)\" width=\"300\" height=\"126\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/07\/4603522314_f01c8dc14b_o-300x126.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/07\/4603522314_f01c8dc14b_o-768x322.jpg 768w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/07\/4603522314_f01c8dc14b_o-1024x430.jpg 1024w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/07\/4603522314_f01c8dc14b_o.jpg 1796w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-108661\" class=\"wp-caption-text\">The Australian dollar was trading lower due to the strength of the US currency (<a href=\"https:\/\/www.flickr.com\/photos\/miran\/4603522314\/in\/photolist-81NfNo-atEFJu-eR6T7k-ojPEJy-QFeg7U-anmSFZ-8yT1sv-PUzP9-e5x65R-gmKJxo-6KosGR-buidNJ-buhods-buh6dC-bHd1aP-bHbSYc-bCUpDu-g6enRx-cDqBYN-b6wNZc-bHbSyt-beK7Tc-bRPtgR-iVdWZr-buh5Ts-iVfbnV-bHd1Up-g6dwU6-iVfddi-beK8ox-bHd2F8-6pWk8Y-buid67-buh17A-btw3pV-bHbT6P-4sUYDb-bCUqhN-bXgmzg-bHbS7a-pFr3jv-6pSbfZ-bHbTca-b6wPc4-bHbWTk-bCUKxf-Rf4KXv-bHd1nP-bHbQaV-atBWMi\">Photo<\/a> by <a href=\"https:\/\/www.flickr.com\/photos\/miran\/\">Miran Rijavec<\/a>, <a href=\"https:\/\/creativecommons.org\/licenses\/by\/2.0\/\">CC BY 2.0<\/a>)<\/figcaption><\/figure>\n<p>SYDNEY, July 28\u2014 The Australian dollar slid against its US counterpart on Friday, with the US dollar strengthening after solid data results.<\/p>\n<p>At the Asian open, the Australian dollar was buying 79.68 US cents, down from the 80.37 US cents it was trading at late Thursday.<\/p>\n<p>The Australian dollar was trading lower due to the strength of the US currency, according to Richard Grace, chief currency strategist at CommSec, who told Xinhua in a statement that some of the gains in the US dollar could be attributed to the pulling of key support for the border-adjusted tax that had been proposed.<\/p>\n<p>&#8220;Commodity prices, as well as European and US equities, put in a mixed performance overnight,&#8221; Grace said.<\/p>\n<p>&#8220;Australian second quarter PPI data is out today at 11:30 (AEST) Sydney time. It generally attracts less attention now that it is released after the second quarter consumer price index.&#8221;<\/p>\n<p>At 0810 local time (AEST), one Australian dollar was buying 79.68 US cents, while crude oil was trading at USD49.04 per barrel. (Xinhua)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SYDNEY, July 28\u2014 The Australian dollar slid against its US counterpart on Friday, with the US dollar strengthening after solid &hellip;<\/p>\n","protected":false},"author":33,"featured_media":108661,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[19943,19944,10516],"class_list":["post-108656","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news-w","tag-australian-dollar","tag-us-counterpart","tag-us-dollar","mauthors-xinhua-via-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/108656","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=108656"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/108656\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/108661"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=108656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=108656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=108656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}