October 8th, 2009 00:33:32 GMT.

Australia September Unemployment 5.7%


Australia’s unemployment rate has come in much better than expected at 5.7%. Forecast was 6%. Employment rose +40,600, much much more than the expected figure of -10,000. AUDUSD flies to above 90c, up 70 pips in a matter of seconds.


October 7th, 2009 21:22:09 GMT.

Sell orders .8975/.9000 in AUD/USD


The talk in the market is of quite heavy selling interest towards .9000 from big players out of the middle east. Quite heavy selling was seen in London overnight around .8950, thought to be option related. Dealers also expect to … Continue reading


October 6th, 2009 03:31:36 GMT.

RBA raises rates by 0.25%


The RBA has lifted rates from 3% to 3.25% and has warned of more to come. Governor GlennStevens has told the media, that the global economy is resuming growth and that economic policy settings likely to remain expansionary for some … Continue reading


October 6th, 2009 00:34:38 GMT.

Australia Aug BoP AUD$-1.5billion


The balance of goods and services for Australia in August was AUD -$1524 million aganist forecasts closer to AUD -$850 million. The AUD is unmoved despite the rather poor data.


October 4th, 2009 22:39:15 GMT.

Australia September PSI up 1.3 points


Australia’s services sector recorded aslower pace of contraction in September. The Performance of Services Index(PSI), rose 1.3 points to 49.3 in September from 48.0 in August. Still under 50, indicating contraction.


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