Sell AUD/NZD
Updated
It's going down?
In February, the index decreased by 1.4% compared to January, which had seen a 1.9% increase (the January figure has been revised).
All sub-indices (non-rural, rural, and base metals) experienced a decline during February.
When measured in Australian dollars, the index dropped by 0.1% in February.
Over the past year, the index has fallen by 11.0% when measured in Special Drawing Rights (SDR), primarily due to lower prices of thermal coal and liquefied natural gas.
When measured in Australian dollars, the index has fallen by 6.7% over the past year.
In essence, it's indicating a downward trend in the index for February and over the past year, with specific sectors and currencies being affected differently.
Waiting to break blackline yet to enter!
In February, the index decreased by 1.4% compared to January, which had seen a 1.9% increase (the January figure has been revised).
All sub-indices (non-rural, rural, and base metals) experienced a decline during February.
When measured in Australian dollars, the index dropped by 0.1% in February.
Over the past year, the index has fallen by 11.0% when measured in Special Drawing Rights (SDR), primarily due to lower prices of thermal coal and liquefied natural gas.
When measured in Australian dollars, the index has fallen by 6.7% over the past year.
In essence, it's indicating a downward trend in the index for February and over the past year, with specific sectors and currencies being affected differently.
Waiting to break blackline yet to enter!
Note
SL1.06796/E1.06728/TP1.06547Note
Line breached!
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