Consumer Confidence on the Rise: AUD/USD
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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