AUD down after the capex data

The Australian and New Zealand dollars both coming under separate selling pressures:

NZ:

• NZD to its session low following the (yet again) poor business confidence data
• New Zealand data - August Business Confidence: -52.3 (vs. prior -44.3)

Aust.

• Australia Private Capital Expenditure for Q2 (Capex): -0.5% q/q (vs. expected +0.4%)

AUD: