Consumer Confidence on the Rise: AUD/USD
Aussie Consumer Confidence is up according to the latest survey data from Westpac. MoM we saw an increase of +1.9% for the month which is up
Rowan Crosby•Wednesday, April 10, 2019•1 min read
Aussie Consumer Confidence is up according to the latest survey data from Westpac. MoM we saw an increase of +1.9% for the month which is up from -4.8%.
It might be a little too early to say that things are on the rise here in Australia but the last two days we’ve had some good data points in areas that have been a little sluggish.
That said both were second-tier releases at best.
The AUD/USD is largely unchanged on the day.
RBA Debelle is speaking in a couple of hours and there will be plenty of attention on what is said, so I will be back with some more on the Aussie then.
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Rowan Crosby
Asia-Pacific Analyst
Rowan Crosby is a professional futures trader from Sydney, Australia. Rowan has extensive experience trading commodities, bonds and equity futures in the Asian, European and US markets. Rowan holds a Bachelor of Finance and Economics degree and is focused heavily on Investment Finance and Quantitative Analysis.
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