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The AUD/USD pair reversed an early slide and finished the day pretty much unchanged, around the 0.7290 level. The Australian currency dipped at the b
Early in the Asian session, the AUD/USD dipped to a daily low of 0.7259 but staged a comeback, is trading at 0.7284 for a 0.36% gain during tie day at
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Date Time Australian PCI: Construction boom interrupted by COVID lockdowns in July The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) fell by a further 6.8 points to 48.7 in July, recording the first fall into contraction since September 2020 (readings below 50 indicate contraction in activity, with lower results indicating a stronger pace of contraction). Sudden disruptions to activity on site and supplier deliveries were reported by builders across all segments of construction in Victoria and NSW, which were both in COV...