EU Producer Price Index (YoY): -0.2% in Apr; -0.6% (MoM)

Jun 4, 2013

AUD/USD establishes session lows at 0.9665/68

The AUD/USD upside has proven to be fleeting Tuesday, culminating in a huge waning of the AUD across the board, following overnight RBA action.

Emmanuel Ng of OCBC Bank notes that the majors surged against USD on Monday following disappointing US ISM data.