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Derived real-time data in partnership with:
Thomson Reuters
May 29 - 11:00 PM
AUD/USD - No Reaction To Weaker Headline Data
First appeared on eFXplus on May 29 - 09:45 PM
  • AUD/USD steady around 0.6925 despite weaker than expected data
  • Q1 Capex -1.7% vs +0.5% expected and Building Approvals -4.7% vs flat exp
  • Capex 2nd estimate 2019/2020 spending a healthy 99.1 BLN
  • Data having little impact as market already pricing in RBA rate cuts

Source:
Thomson Reuters IFR Markets

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