Wednesday, February 26, 2014

Australia's Disappointing CAPEX Data Weighs On The Aussie

Mid-way through trading in Asia the Australian dollar got hit, again. This time around disappointing Australian business investment data was to blame. Private capital expenditure in Australia fell 5.2% in the final quarter of 2013, after rising an adjusted 2.6% during the prior quarter. While the market was expecting some



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