Aussie Westpac Consumer Confidence
Written March 9, 2010 at 6:46 PM EST by Alex Chernomordin
The Australian Westpac Consumer Confidence for March significantly bear the prior reading of -2.6% with a positive reading of +0.2%, helping the AUD move higher against the USD and JPY, continuing its push after the earlier comments from the RBA’s Lowe. The Consumer Confidence Index was also better than the prior month at 117.3 vs. 117. The AUD/USD pair is continuing higher and approaching some resistance below the 92 cent handle.
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