Currency Note Worldwide

Mixed Australian data

By Ricky Bean March 3rd, 2015

  • Monday saw the Australian currency have a mixed start to the week, as it ended the day lower against its US counterpart. A report by the Australian Bureau of Statistics showed that company operating profits fell 0.2% in the fourth quarter of 2014, compared to expectations of a 0.3% rise. However it was not all doom and gloom on Monday as Australian new home sales figures increased above expectation in the last month, following a drop from the month before that.
  • It was a tame start to the week for the Canadian dollar as it exchanged blows with the US dollar. Both countries experienced poor data releases on Monday, which left them fairly settled. However, the worries will lie with the US economy as personal spending took a hit last month.

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