Australia’s wage price index rose in the last quarter, official data showed on Wednesday.In a report, Australian Bureau of Statistics said that Australian wage price index rose to a seasonally adjusted 0.5%, from 0.4% in the preceding quarter.
Analysts had expected Australian wage price index to rise to 0.5% in the last quarter.
Aussie is currently being traded around 0.7650 handle. Pair is likely to find support around 0.76 handle and resistance near 0.77 area.
Last modified on Thursday, 18 August 2016
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