Event recap AUD

Ai Group Industry Index rises to -19.1 from -24.2, no consensus available

Published Nov 3, 23:01 UTC
Impact
4/ 10, low
Market reaction Live, FXC rate feed
PairNowSince publish
AUDUSD——
Change measured from story publish at 23:01 UTC, from our own MT4 feed.

The Ai Group Industry Index for Australia printed -19.1, up from -24.2 previously, a change of 5.1 points. The reading remains below zero. No consensus figure was available for this release, so there is no surprise measure to report and the print can only be compared with the prior reading.

The measured reaction was mixed. One hour after the release, AUDUSD was -4.3 pips, AUDJPY -11 pips, AUDCAD -6.8 pips, AUDCHF -6.0 pips, AUDNZD -1.3 pips, EURAUD +1.7 pips and GBPAUD -0.6 pips. Against past releases, AUDUSD’s one-hour move sits at the top-quarter threshold of 4+ pips, versus a median of 2 pips. AUDJPY’s 11 pips is above its top-quarter mark of 7+ pips and well above its 5 pip median. AUDCAD’s 6.8 pips is above its top-quarter mark of 5+ pips. AUDCHF’s 6.0 pips is above its 4+ pip top-quarter mark. AUDNZD, EURAUD and GBPAUD moved less than their medians of 4, 3 and 6 pips respectively. Earlier moves were larger in some pairs: AUDCHF was -14 pips and EURAUD -15 pips at the five-minute mark, and GBPAUD was -24 pips at 15 minutes before retracing to -0.6 pips by the one-hour mark. Directional reliability statistics are not yet available for this release.

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