Australia Business Inventories QoQ
Inventories from manufacturers, retailers, and wholesalers are tracked quarterly by the Business Inventories Index in Australia. Inventories constitute a significant component of the gross domestic product.
A higher than expected figure should be seen as negative (bearish) for the AUD while a lower than expected figure should be seen as positive (bullish) for the AUD.
Forex Sentiment (AUD)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| EURAUD |
|
|
1.7351 -575 pips |
1.7954 -28 pips |
1.79259 | |
| AUDCAD |
|
|
0.8844 -128 pips |
0.8991 -19 pips |
0.89717 | |
| AUDJPY |
|
|
93.2162 -281 pips |
96.9818 -96 pips |
96.024 | |
| AUDNZD |
|
|
1.0896 -80 pips |
1.0968 +8 pips |
1.09756 | |
| AUDUSD |
|
|
0.6390 -108 pips |
0.6564 -66 pips |
0.64982 | |
| AUDCHF |
|
|
0.5284 +38 pips |
0.5563 -317 pips |
0.52460 | |
| GBPAUD |
|
|
2.0425 -408 pips |
2.0994 -161 pips |
2.08334 | |
| AUDSGD |
|
|
0.9556 +1211 pips |
0.8663 -318 pips |
0.83446 | |
| XAUAUD |
|
|
5138.2341 -99 pips |
5175.2473 -3603 pips |
5,139.22 | |
| XAGAUD |
|
|
0 -5853 pips |
58.7756 -24 pips |
58.535 |
News (AUD)
Australia Trims Key Interest Rate For Third Time This Year; Cuts Growth Outlook
The Reserve Bank of Australia reduced its benchmark interest rate by a quarter-point for the third time this year as underlying inflation continued to moderate, while economic growth outlook was lowered due to weaker-than-expected recovery in public demand. The board decided to trim the cash rate target by 25 basis points to 3.60 percent. The decision was unanimous.
RTTNews | 2 days ago
Australia June Trade Surplus A$5.365 Billion
Australia posted a seasonally adjusted merchandise trade surplus of A$5.365 billion in June, the Australian Bureau of Statistics said on Thursday.
RTTNews | 7 days ago
Australia Building Approvals Jump 11.9% In June
The total number of building approvals issued in Australia in June was up a seasonally adjusted 11.9 percent on month, the Australian Bureau of Statistics said on Thursday - coming in at 17,076.
RTTNews | 7 days ago
