Wednesday, 24 February 2016

Aussie lower after disappointed data

The Aussie fell on Wednesday in Asia after weaker than expected construction and wage data with investors showing concern over a downbeat global economy.
USD/JPY changed hands at 112.03, down 0.06%, while AUD/USD traded at 0.7199, down 0.08%.
In Japan, the corporate services price index rose 0.2% compared to an expected gain of 0.3%.
In Australia, fourth quarter figures for construction work done showed a fdrop of 3.6%, compared to an expected drop of 2.0% quarter-on-quarter, and the wage price index rose 0.5%, compared to an expected gain of 0.6% quarter-on-quarter.
Related Posts Plugin for WordPress, Blogger...