Wednesday, November 27, 2013

AUD Regains Some Lost Ground After Better Than Expected CAPEX Data

AUDUSD jumped to a resistance zone around 0.9140 on the back of higher than expected private capital expenditure data for last quarter which rose 3.6% q/q, smashing an expected 1.2% fall. The rally was tainted somewhat by a downwards revision of Q2's capital expenditure data to 1.6% from 4.0%. Nonetheless,



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