Talking Points: AUD/USD Technical Strategy: FlatAussie hits 8-month high but RSI divergence warns of downturn aheadWaiting for technical confirmation, passage of event risk to enter short The Australian Dollar resumed the push upward against its US counterpart after brief one-day respite, rising to the strongest level in eight months. The emergence of negative RSI divergence warns of ebbing upside momentum however, hinting a ...
The unemployment rate in Australia climbed to 6.0 percent in January, the Australian Bureau of Statistics said on Thursday. Employment decreased 7,900 to 11,894,500. Full-time employment decreased 40,600 to 8,185,800 and part-time employment increased 32,700 to 3,708,700.Unemployment increased 30,200 to 761,400. The number of unemployed persons looking for full-time work increased 25,600 to 544,100 and the number of unemployed ...
Business confidence in Australia showed a steady if low level of support in January, the latest survey from the National Australia Bank showed on Tuesday with an index score of +2. AUDUSD M5: 39 pips price movement by NAB Business Confidence news event : "Financial market volatility has persisted, raising the risk of an adverse impact on Australian business that could threaten the recovery seen in the non-mining economy. ...
The total value of retail sales in Australia was flat in December on a seasonally adjusted basis, the Australian Bureau of Statistics said on Friday, worth A$24.759 billion. AUDUSD M5: 25 pips price movement by AUD Retail Sales news event : more...
Australia posted a seasonally adjusted merchandise trade deficit of A$5.353 in December, the Australian Bureau of Statistics said on Wednesday - tumbling 30 percent on month. AUDUSD M5: 35 pips price movement by Australian Trade Balance news event : more...