Aussie Stands Ground in Face of Adverse Fundamentals

Mar 12,2019 22:07   Source:Earnforex
Macroeconomic reports released during the Tuesday’s trading session did not paint a positive picture of Australia’s economy. Yet that did not prevent the Aussie from standing ground, avoiding losses, most likely due to mild risk appetite on the Forex market. The National Australia Bank business confidence index dropped from +4 in January to +2 in February. The business conditions index retreated from +7 to +4. The report commented on the results: With […]

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