South Korea Money Supply Growth up to 9.3 in June from previous 8.6

FXStreet.com (Barcelona)

Jun 10, 2015

AUD/USD drops sharply below 0.7650 on RBA Stevens

The Australian dollar dived deeper in red versus the US dollar in the mid-Asian trades, knocking-off AUD/USD to fresh session lows. The Aussie dropped sharply following dovish comments from RBA Governor Stevens as he speaks at the Economic Society of Australia, while Moody’s downward revision of Western Australia outlook also dragged the pair lower.

RBA Governor Stevens highlights prominent points on the economy

RBA Governor Stevens highlighted several points on the latest trends observed in the Australian economy during his speech, describing them as the most prominent.