Forex Special (Córdoba) - The Australian Consumer Confidence rose for second consecutive month in July, although the pace of increasing is easing as the Westpac Consumer Confidence rose 5.4% and reached 119.2 against an increase of 11% the previous month.
The Australian dollar rose immediately around 10 pips pausing a downside move. AUD/USD jumped to the 0.9095 area but quickly turned back down, and is at the moment trading at the 0.9080/75 zone, 0.64% below its opening price. AUD/JPY is at 77.40 after opening the day around 78.00.
