Aussie: After a solid NINE sessions of gains, the Aussie Dollar’s rally has come to an end with a thud. The rally was the currency’s third longest since it was floated in 1983. “AUD NAB Business Confidence (5 v 1 previously)” “CNY Trade Balance (60.3B v 46.9B expected)” Taking a look back at yesterday’s data, we saw an inability for the Aussie to rally on increased Business confidence in the morning, before Chinese imports slid for the 11th straight month and the Aussie rolled over. AUD/USD 30
↧