Australian wages are not going anywhere fast. They advanced by 0.5% q/q in the third quarter, the same as in Q2 but lower than 0.7% expected. Year over year, salaries advanced by 2%, also below 2.2% that was predicted. AUD/USD dropped to below the 0.76 level. The pair slipped to lower ground yesterday but managed [...]
The post AUD: No money, no money – falling on wages appeared first on Forex Crunch.
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