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Thomson Reuters
Feb 12 - 09:48 PM
AUD/USD - Brief Boost From Strong NAB Survey
First appeared on eFXplus on Feb 12 - 07:45 PM
  • AUD/USD was briefly better bid after strong NAB Business Survey
  • Business conditions boomed to +19 from +13. Confidence rose to +12 from +10
  • AUD/USD moved up to 0.7859 from 0.7850 but quickly came back again
  • Buoyant mood in risk assets showing signs of cooling in early trade
  • S&P futures down 0.20% while Asian bourses showing modest gains
  • AUD/USD likely to consolidate ahead of key US CPI data on Wednesday

 

Source:
Thomson Reuters IFR Markets
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