Free Trial

AUD/USD ticks higher after a batch of........>

AUSSIE
AUSSIE: AUD/USD ticks higher after a batch of local data releases. Building
approvals beat expectations, rose 7.6% M/M vs. projections of no change and
declined less than forecast on a yearly basis. Private sector credit was roughly
in line with exp. Import price index came at +0.4% Q/Q vs. est. of +0.5%, but
export price index printed at +1.3% Q/Q with forecasts pointing to -0.5%.
- The rate sits at $0.6909, 6 pips better off. A familiar technical picture
remains in play.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.