New Zealand Business NZ PMI down to 57.5 in August from 59.5

Sep 13, 2013

GBP/AUD breaks and hold above 1.7050 after disappointing Aussie jobs data

The GBP/AUD foreign exchange cross rate is last quoted at 1.7066 off recent session lows at 1.7035 and slightly in the positive for the week thus far after reversing the negative tone seen until Tuesday/Wednesday when printing a double weekly low at 1.6875, after yesterday's ugly Aussie jobs data, surging since then till late London session fresh weekly high at 1.7140.

EUR/AUD glued to 1.4350 zone

EUR/AUD continues registering lower lows despite attempts to consolidate above the zone at 1.4350. The pair accumulates minimal gains at 0.06% so far ahead of Tokyo’s opening.