Aussie-Dollar records flat yesterday on the back of 6th straight day of declines

A quick look at yesterday: Lightly positive AUD/USD closed at 0.6518 after ranging between 0.6493 and 0.6545.

This move comes while some more positive signs for the Australian dollar are out as Core Durable Goods Orders in United States fell short of market expectations (0%) with a reading of -0.2%, continuing the decline from the previous figure of 0.3%.

On the flip side, Retail Sales in Australia fell short of market expectations (0.3%) with a reading of 0%, continuing the decline from the previous figure of 0.4%.

At the same time, Australia CFTC AUD speculative net positions released yesterday at 20:30 UTC with a figure of -49,100, while the previous figure was -53,600.

Elsewhere, other currency pairs are also gaining ground as GBP/NZD went up by 0.52% yesterday, and closed at 2.0417. GBP/JPY surges 0.64% yesterday and closed at 172.53. EUR/JPY added 0.43% and closed around 150.22 yesterday.

Having set a peak of 0.7356 around 7 months ago, Aussie-Dollar is now trading 11.49% below this level.