Aussie up by CAPEX data

Source: WBP Online
© Scanpix/FP
The Australian Dollar edged up against the Greenback, reaching the three-week high after better-than-expected capital expenditures numbers were released. The Australian Bureau of Statistics recorded an increase of 1.1% in capital expenditures during the second quarter, beating the market expectations by a wide margin. Nonetheless, experts predict investments in mining sector to decrease next quarter. Volatility is expected to rise after the second quarter U.S. GDP growth rate to be released later today. The Oz currency gained 0.18% to $0.9354.
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