October 6th, 2009 00:34:38 GMT

Australia Aug BoP AUD$-1.5billion

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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.

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October 5th, 2009 03:34:34 GMT

AUD holding onto gains amid rate-rise speculation

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With Australian and Chinese markets closed, liquidity is markedly down and the AUD/USD has gained almost a cent on the day after various commentators emerged to throw their tuppence-happenny worth into the interest rate debate. The Australian Financial Review and … Continue reading

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October 4th, 2009 22:39:15 GMT

Australia September PSI up 1.3 points

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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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