Quotes from Western Union:
- Weak data from Down Under weighed on the Aussie dollar and pulled it below four-week peaks. In another sign of the fragile shape of the world's No. 12 economy, area capital expenditures fell more than expected, plunging 2.2 percent during the fourth quarter.
- The disappointing news could make the coming RBA meeting on March 3 a closer call on whether to cut rates to new lows from 2.25 percent.
- New Zealand's kiwi dollar fared much better on surprisingly bullish trade figures which showed the nation's first surplus in seven months, improving to NZ$56 million ($42.25 million) in Jan from a shortfall of NZ$195 million in Dec, which lowered the risk of an RBNZ rate cut next month.
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AUD review: Western Union
Quotes from Western Union:- Weak data from Down Under weighed on the Aussie dollar and pulled it below four-week peaks. In another sign of the fragile shape of the world's No. 12 economy, area capital expenditures fell m…
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