US: Redbook Index rose 1.5% MoM

The Redbook index rose 1.5% on a monthly basis in the week ended on February 10, and rose 3.1% YoY, against previous prints at +1.1% and +2.4%, respectively

Feb 20, 2013

US Feb 10 Redbook index (YoY) grows 3.1% and (MoM) increases 1.5%

Forex: AUD/USD trading at support near 1.0310

The AUD/USD has spent the afternoon of European trading in a tailspin, as the yesterday’s gains now seem like a distant memory. After the publication of US data, the pair has found traction at the 1.0310 support, where the pair is presently testing in these moments, already suffering a decline of -0.41%.