The business confidence index fell 3 points to 16 but the business conditions index is at a two year high, another sign of strong economic growth.
The AUD/USD isn’t sure what to do, currently trading 10 pips above it’s .9238 session lows.
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NAB business conditions best in 2 years
NAB business conditions best in 2 years
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- In-line CPI report leads to a blockbuster day for US stock markets
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- US stocks open higher led by the NASDAQ index
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- Brazil's central bank hikes rate to 12.25% (from 11.25% and vs. 12% expected)
- USD/JPY looks to US CPI report to potentially break ping pong range
- ForexLive European FX news wrap: USD/JPY sticks with the early bounce, ADP up next
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