Australia: RBA Commodity Index SDR falls 8.6% in May

FXstreet.com (Barcelona) - On an annual basis Australia's RBA Commodity Index SDR dropped 8.6% in May, down from the 7.3% decrease recorded in April, the Reserve Bank of Australia's official data showed on Monday.

Jun 3, 2013

Australia: May RBA Commodity Index SDR (YoY) falls 8.6% vs -6.5% in Apr

USD/CHF consolidated after last weeks down pressure

The USD/CHF is consolidated in European open around the March high. The Elliott wave count on the daily charts are suggesting some more slippage before recovery.