The Australian Dollar is retesting support-turned-resistance marking the underside of a broken Descending Triangle chart formation in the 0.6978-0.7021 area. Prices bounced after finding support above the 0.68 figure, marking a bottom with the formation a bullish Morning Star candlestick pattern and a break of trend line resistance set from the mid-April swing high. A push beyond this barrier would cast doubt on the Triangle breakout’s ...
House prices in Australia were down 2.4 percent on quarter in the fourth quarter of 2018, the Australian Bureau of Statistics said on Tuesday - coming in at A$6.677 trillion. more...
The construction sector in Australia continued to contract in February, albeit at a slower pace, the latest survey from the Australian Industry Group revealed on Thursday with a Performance of Construction Index score of 43.8. more...
Australia's gross domestic product was up a seasonally adjusted 0.2 percent on quarter in the fourth quarter of 2018, the Australian Bureau of Statistics said on Wednesday. more...
Australia had a seasonally adjusted current account deficit of A$7.2 billion in the fourth quarter of 2018, the Australian Bureau of Statistics said on Tuesday. more...
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