Data is here, a little disappointment on the expected:
- Australian data - Q3 Capex headline +0.6% vs. +1.0% expected
- Australian October 2023 Private Sector Credit +0.3% m/m (expected +0.4%)
AUD has shrugged it all off. Its more responsive to global developments (looking at you Federal Reserve) than local data for now. Unless its CPI data, of course.
AUD/USD update:
