Ai Group Industry Index comes in at -3.5

The Ai Group Industry Index for Australia was released at -3.5. This figure represents an improvement from the previous reading of -29.9. No consensus figure was available for this release.

Following the release, AUD pairs showed limited movement in the initial 15 minutes. AUDCAD moved -1.5 pips, AUDCHF -0.5 pips, AUDJPY -0.6 pips, AUDNZD -1.8 pips, and AUDUSD -0.8 pips. EURAUD moved +2.3 pips, and GBPAUD moved +1.5 pips. These observed movements are small when compared to the typical median 1-hour moves for these pairs, which range from 2 to 6 pips after past releases.