Session recap: Oversold Aussie Dollar gets a boost from data

FXstreet.com (Barcelona) – It has been a week of flip-flopping action for the Aussie Dollar. Thursday’s Asian session brought the beleaguered cross back to the upside – at least for part of a 24-hour period.

Surprise! Aussie Private Capital Expenditures come in stronger-than-expected

Australian data were mixed on the surface, but one piece of data far outweighed the other and sent the Aussie Dollar strongly to the upside. The Aussie Private Capital Expenditures data came out far higher than expected and easily trumped sluggish New Home Sales data. Traders read the Expenditures data as forward looking versus the …read more