RBA Commodity Index SDR (YoY) came out today and was 3x better than estimated. 3.6% actual, 1.2% consensus.
Immediately bought AUD/USD and rode 20 pts off it.
Was supposed to be a rather insignificant announcement, but can't ignore 3x expectations.
Back in @ 0.75430 bouncing off a pretty strong trend line.
USD nonfarm payrolls coming out in 2.5hrs, so I won't be going long on AUD for much longer as US fundamentals have been quite strong recently.
RBA Commodity Index SDR (YoY) came out today and was 3x better...
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