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Australian Dollar edges higher ahead of Fed interest rate decision

Australian Dollar edges higher ahead of Fed interest rate decision
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AUD/JPY snaps its losing streak due to improved risk appetite

AUD/JPY snaps its losing streak due to improved risk appetite
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Contractionary conditions ease for industry

Contractionary conditions ease for industry
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Australian Manufacturing Index May -5.1 (prior -20.2) & Construction -6.6 (prior -12.4)

Australian Manufacturing Index May -5.1 (prior -20.2) & Construction -6.6 (prior -12.4)
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Australia's cost of living has reached a record high, businesses are struggling, and interest rates are rising. Is a recession coming?

Newly released data shows living costs are at a record high, consumers are spending less, and businesses have been shrinking for a year - a day after the Reserve Bank of Australia controversially raised interest rates to 3.85 percent. ....

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