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Westpac-MI Consumer Sentiment fell by 2.3% to 102.7 – Westpac

Analysts at Westpac explained Westpac-MI Consumer Sentiment for February’  was marked by a wave of volatility in global share markets.  Key Quotes: “The Westpac Melbourne Institute Index of Consumer Sentiment fell by 2.3% to 102.7 in February from 105.1 in January.” “The Australian market, which was more stable than most, still experienced some significant swings,

AUD/USD: subdued on confidence data, awaiting key jobs/US CPI

AUD/USD: little reaction on data. AUD/USD: capped by 200-H SMA. AUD/USD remains subdued ahead of the Tokyo open, currently, the pair is trading at 0.7857, down -0.02% on the day, having posted a daily high at 0.7863 and low at 0.7852. The Westpac consumer confidence for February came n at  -2.3% m/m vs prior +1.8%

USD/JPY sideways but choppy ahead of Japan GDP

USD/JPY getting shaky ahead of Japan GDP figures. US Dollar still in decline mode. USD/JPY is trading slightly down in the Asia session, testing 107.80 following some post-New York  back-and-forth. USD/JPY has been declining for a stretch, with the US Dollar falling for four of the past five weeks against the Yen. Japan will be releasing their

U.S. Watch: NFIB Small Business Survey – NBF

Analysts at NBF Economics and Strategy explained that the latest iteration of the NFIB Small Business Survey was released this morning. Key Quotes: “It showed the optimism index rose to 106.9 in January, i.e. just a shade below November’s 30-year high (107.5). No less than 41% of polled businesses considered that present economic conditions were

AUD/JPY treading water ahead of Westpac Consumer Confidence, testing 84.70

AUD/JPY flat in Asia trading following a weak Tuesday session. Australia Westpac Consumer Confidence data due shortly at 23:30 GMT. AUD/JPY is trading calmy in the overnight session, testing the waters around 84.70. Australia will be releasing their figures for the Westpac Consumer Confidence survey at 23:30 GMT today, which is a gauge of consumer

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