AUDUSD: MONTHLY WAVES

31 juil. 2016

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2 août 2016

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2 août 2016

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5 sept. 2016

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The latest economic reports from Australia were terrible with manufacturing activity contracting and retail sales stagnating. However since the RBA met in August, we've actually seen just as much improvement as deterioration in Australia's economy. Manufacturing and trade activity improved and most importantly iron ore prices have found a bottom.