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Australia NAB business survey comes in mixed for May, Aussie unmoved

Australia’s business survey released by National Australia Bank (NAB) report –

  • Confidence 7 in May, from 0 in April.
  • Conditions 1 in May from 3 in April.
  • The key employment sub-index is now at its lowest since late 2016.

The Aussie remains unfazed by the mixed NAB Australian business survey and keeps the recovery mode intact, with the AUD/USD pair hovering near 0.6965 region.

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