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AUD/USD pressured on low investment

Investment continues falling in Australia. Capital Expenditure (capex) dropped by 5.2% in Q1 2016, much worse than a fall of 3.2% predicted. there is a small silver lining with an upwards revision of Q4 from a rise of 0.8% to 1.8%. Nevertheless, this isn’t good news. The Reserve Bank of Australia looks at investment trends for its […]

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AUD/USD pressured on low investment