AUDUSD Breaks Down; US AND EURO ISM Manufacturing PMIs Next

Key Highlights Australian dollar suffered losses recently against the US dollar and cleared an important support area. Australian AIG performance of the Mfg. Index was released by the Australian Industry Group, which registered a decline from 49 to 45.4. Australian Company Gross Operating Profits released by the Australian Bureau of Statistics declined by 0.2% in the fo...
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AUDUSD Nosedives As RBA Rate Surprises With A Rate Cut

Key Highlights RBA Interest Rate Decision announced by the Reserve Bank of Australia surprised the Forex market, as the central bank decided to reduce cash rate by 25 basis points to 2.25 percent. Australian dollar reacted sharply after the announcement and plunged by more than 100 pips. Australian trade balance was released by the Australian Bureau of Statistics, which...
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Encouraging AIG Performance Index Fails To Lift AUD

Key Highlights Australian AIG performance of the manufacturing Index released by the Australian Industry Group increased from 46.9 to 49.0 in January 2015. Australian TD Securities Inflation was also released by The University of Melbourne - Faculty of Economics and Commerce, which registered an increase of 0.1% in January. AUDUSD failed to trade higher and struggled to...
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