South Korea Service Sector Output declined to -0.4% in January from previous 0%

FXStreet.com (Barcelona)

Mar 2, 2015

South Korea Industrial Output (YoY) up to 1.8% in January from previous 0.4%

AUD/USD testing bids circa 0.78 ahead of RBA on Tuesday

The AUD/USD is trading near Friday's US lows around 0.78 with the weekend news of a slightly improved China PMI and a surprising China rate cut not providing much relief to the AUD, ahead of Tuesday's RBA monetary policy, with consensus pointing at another 25bp rate cut to 2%.