Australia Private Sector Credit (YoY) fell from previous 6.2% to 5.9% in June

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Australia Private Sector Credit (MoM) came in at 0.4%, below expectations (0.5%) in June

Australia Private Sector Credit (MoM) came in at 0.4%, below expectations (0.5%) in June
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AUD/USD back in the red near 0.7290 on poor Aus PPI

The AUD/USD pair fell back in the red below 0.73 handle during the Asian session, as decline Australia’s factory gate prices and private sector credit added to the bearish sentiment surrounding the Aussie. While weakness seen in the NZD also dragged its OZ neighbour along.
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