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Author Archives: AUD Editor

AUDUSD orders 5 Dec

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Australia Corporate Profits

Corporate profits in Australia increased by 1.0 percent quarter-on-quarter in the three months to September of 2016, following a downwardly revised 6.5 percent rise in the previous quarter and below market expectations of a 3.0 percent rise. Year-on-year, corporate profit ...

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Australia Business Inventories

Business inventories in Australia rose 0.8 quarter-on-quarter in the third quarter of 2016, following a downwardly revised 0.2 percent increase in the previous three months and beating market consensus of a 0.2 percent gain. It was the second straight quarterly ...

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Australia Performance Services Index

The AIG Performance of Services Index in Australia increased by 0.6 points to 51.1 in November of 2016, reaching the highest in four months. New orders went up 1.7 points to 54.0; deliveries lifted into positive territory, rising 3.6 points ...

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AUDUSD corrective rise from 0.7310

AUDUSD corrective rise AUDUSD corrective rise from 0.7310 should have completed at 0.7496, ahead of 0.7500 resistance. Intraday bias stays on the downside for 0.7310 first. Break will extend the fall from 0.7777 to 0.7144 next. Break will target a ...

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