Australia NAB business survey comes in mixed for May, Aussie unmoved

Australia’s business survey released by National Australia Bank (NAB) report -

  • Confidence 7 in May, from 0 in April.
  • Conditions 1 in May from 3 in April.
  • The key employment sub-index is now at its lowest since late 2016.

The Aussie remains unfazed by the mixed NAB Australian business survey and keeps the recovery mode intact, with the AUD/USD pair hovering near 0.6965 region.

EUR/GBP technical analysis: Struggles to hold the rally amid overbought RSI

Having flashed the fresh five-month on Monday, the EUR/GBP pair struggles to extend the northward trajectory as it takes the rounds near 0.8920 during Tuesday.
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Japan’s Suga: PM Abe to visit Iran from June 12-14

Japanese Chief Cabinet Secretary Suga was on the wires last minutes, via Reuters, noting that the country’s PM Abe will visit Iran from June 12th to 1
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