Tuesday, February 24, 2015

China PMI See's Aussie Break To 4-Week Highs

The session started with a positive tone for the Aussie after Yellen failed to satisfy the hawkish USD bulls, casting further doubts about a June rate hike. Mid-session saw further support from the Aussie with mild data, seeing wage growth stagnate y/y but construction work done only down -0.2% (better



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