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Day: May 17, 2017
May 172017
Aussie Drops for Fourth Day vs. Euro & Franc
The Australian dollar fell today. It was the fourth drop in a row against such currencies as the euro and the Swiss franc, but the first decline in six sessions versus the US dollar. One of the possible reasons for drop was unimpressive economic data released in Australia today. The Westpac-Melbourne Institute Consumer Sentiment Index dropped 1.1% in May after falling 0.7% in April. The Wage Price Index fared better, rising 0.5% in the March quarter […]
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May 172017
Aussie Drops for Fourth Day vs. Euro & Franc
The Australian dollar fell today. It was the fourth drop in a row against such currencies as the euro and the Swiss franc, but the first decline in six sessions versus the US dollar. One of the possible reasons for drop was unimpressive economic data released in Australia today. The Westpac-Melbourne Institute Consumer Sentiment Index dropped 1.1% in May after falling 0.7% in April. The Wage Price Index fared better, rising 0.5% in the March quarter […]
Read more