US Redbook index (MoM) decreases to -1.3% in February 16; 2.9% (YoY)

Feb 25, 2014

AUD/USD erases daily losses

The AUD/USD managed to erase intraday losses during the European trade and rose back to its opening levels as markets struggle for direction.

The Redbook index advanced at a an annual pace of 2.9% and contracted 1.3% on a monthly basis in the week ended on February 16 vs...