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AUD Exposed To Downside Pressure

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Feb 25, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Australian economy started 2016 off to wheel as most economic indicators showed signs of stabilisation and even of improvement for a few of them. The unemployment rate fell to 5.8% in December, while inflation pick-up significantly in the fourth quarter, rising from 1.5%y/y to 1.7% (beating estimates of 1.6%).[​IMG]

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