Aussie Slides as RBA Lowers Inflation Forecast, US NFP Plunges

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 6, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The Australian dollar has dropped over 100 points on Friday, as AUD/USD trades at 0.7360 in the European session. On the release front, the RBA lowered its inflation forecast. The Australian Construction Index was surprisingly strong, climbing to 50.8 points. This marked the first time that the indicator has pointed[​IMG]

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