South Korea Producer Price Index Growth down to -0.1% in March from previous 0.1%

FXStreet.com (Barcelona)

Apr 20, 2015

South Korea Producer Price Index Growth (YoY) declined to -3.7% in March from previous -3.6%

AUD/USD surges well above 0.78 on China's RRR cut

AUD/USD has surged in interbank trading, printing a session high of 0.7840 before retracement some of its sizeable gains towards 0.7820, wich still represents a boost of over 40 pips from the last NY close at 0.7780, following weekend news that China has decided to cut its RRR for all banks by 1%.