Category in FXWW News

AUD/USD: Likely to be pressured as China reintroduces coal levies

Reports on Reuters say that China, which is the world’s largest importer of coal, will reintroduce import tariffs of between 3%-6%. Australia is the top supplier of coal to China and this news will definitely have an adverse effect on AUD sentiment heading into the weekend. Reports yesterday morning suggested solid bids in AUD/USD near

ABS to revise recent Australian jobs data

From the FXWW chatroom 08-Oct-2014 12:16 – AUSTRALIA BUREAU OF STATISTICS SAYS TO REVISE AUGUST AND JULY EMPLOYMENT DATA 08-Oct-2014 12:17 – ABS SAYS TO REMOVE SEASONALITY FOR SEPT, AUGUST AND JULY EMPLOYMENT SO THEY WILL BE THE SAME AS THE ORIGINAL ESTIMATES 08-Oct-2014 12:19 – ABS PREVIOUSLY REPORTED ORIGINAL EMPLOYMENT ROSE 32,100 IN AUGUST,